8204 Langdon Ave | Van Nuys, CA 91406
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- LoopNet Team
8204 Langdon Ave
Van Nuys, CA 91406
34-Unit Apartment Complex · Multifamily Property For Sale · 34 Units
Investment Highlights
- Seller Financing | 4.5% Interest Only Fixed for 3 Years
- Current / Pro Forma GRM: 10.70 / 8.15
- Major Renovations throughout the Building & Units
- Potential to Achieve a 12.59% Cash-on-Cash
- Value Add Potential | Current CAP / Pro Forma: 5.80% / 8.54%
PROPERTY FACTS
| No. Units | 34 | Building Size | 19,938 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 0.79 AC |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 19,938 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1977 |
| Parking Ratio | 1.91/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Range
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 32 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 2654-036-021 | Improvements Assessment | $3,570,000 |
| Land Assessment | $2,346,000 | Total Assessment | $5,916,000 |
PROPERTY TAXES
Parcel Number
2654-036-021
Land Assessment
$2,346,000
Improvements Assessment
$3,570,000
Total Assessment
$5,916,000
zoning
| Zoning Code | LAR3 |
| LAR3 |
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