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6919 Sepulveda Blvd
Van Nuys, CA 91405

6919 Sepulveda Apartment · Multifamily Property For Sale · 42 Units

PROPERTY FACTS

No. Units 42
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.64 AC
Building Size 15,145 SF
Average Occupancy 100%
No. Stories 2
Year Built 1961
Parking Ratio 2.84/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Range

Site Amenities

  • Laundry Facilities

About 6919 Sepulveda Blvd , Van Nuys, CA 91405

This investment opportunity consists of a two-story garden-style apartment complex which contains 42-units and was constructed in 1961 with approximately 15,145 square feet of improvements and situated on approximately 28,000 square feet of land. Unit Mix is comprised of 1- 1 bedroom 1 bathroom, 36- Studio 1 bathroom units and 5 Bachelor units. Rents are currently below market and offer an investor upside of approximately 14% +/-.. The building amenities consist of laundry room and uncovered parking for 43 cars with controlled access to parking and building. The property is separately metered for electric and master meter for gas. The property is located in the City of Van Nuys approximately ¼ mile east of the 405 freeway just north of Vanowen St providing easy access to freeway’s and public transportation.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 41 $845.50 -
1+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2234-024-005
Land Assessment
$2,143,545
Improvements Assessment
$3,215,318
Total Assessment
$5,358,863

zoning

Zoning Code R3, Los Angeles
R3, Los Angeles
  • Listing ID: 14136392

  • Date on Market: 10/19/2018

  • Last Updated:

  • Address: 6919 Sepulveda Blvd, Van Nuys, CA 91405

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