CA > Van Nuys
Van Nuys, CA 91405,14553 Hartland Street
Van Nuys, CA 91405,14553 Hartland Street
Van Nuys, CA 91405,14553 Hartland Street
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$3,500,000
Est. payment /mo
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7 Beds
5 Baths
0.34 Acres Lot
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14553 Hartland Street Van Nuys, CA 91405

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-21220

Bedrooms 7

HOA Y/N No

Lot Size 0.342 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,750,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,433. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,750,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,433. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.

Location

State CA

County Los Angeles

Area Van Nuys (91405)

Zoning Assessor

Interior

Cooling Wall/Window

Building

Lot Description Sidewalks

Others

Space Rent $1,411

San Diego Regional MLS (SDMLS)
Listed by Casey Picard • Keller Williams Realty

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agent

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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14553 Hartland Street

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