Property Detail

Description

Rare opportunity to purchase a newer-construction (2007) 4-unit apartment building in a prime Van Nuys location. This turnkey investment offers spacious units with contemporary layouts, high ceilings, central heating and air conditioning, private outdoor space, quality finishes, and on-site parking. Built after the City's 1978 rent control cutoff, the property is generally exempt from the Los Angeles Rent Stabilization Ordinance (buyer to independently verify). Ideally situated near employment centers, shopping, restaurants, and major transportation corridors, this asset presents an outstanding opportunity for stable cash flow with continued rental growth potential. Do not disturb tenants.