Van Nuys
6-Unit
FULLY STABILIZED AT MARKET RENTS! Real 5.67% cap rate! A luxury new construction 6-unit (5 + ADU) in Van Nuys steps from the Courthouse. 3 minutes from Sherman Oaks! Boasts NO RENT CONTROL, huge income on day 1, separate meters for all utilities, all appliances provided, high ceilings & high-end finishes. Opportunity zone!
List Price:
Cap Rate:
GRM:
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Highlights:
$3,695,000
5.67% (actual)
13.63 (actual)
7,788 sqft
1x 4b/4b
4x 3b/3b
1x 1b/1b ADU
FULLY STABILIZED!
Cash cow
No rent control
High cap rate
High end finishes
Qualified opportunity zone
Steps from Van Nuys Courthouse
Ultra-low price per door
Separately metered utilities
10 parking spaces
Perfect 1031 exchange option
Unbeatable curb appeal
High ceilings
3 minutes from Sherman Oaks
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The Neighborhood
>5-Minute Drive
The Van Nuys Courthouse, Farm Table Target, Costco, LA Fitness, MacLeod Ale Brewing Co, Woodley Park, Ralphs, Starbucks, Lake Balboa Park, Petco, Jamba Juice, Bevmo, Chipotle, Silver Lake Ramen, Nat's Early Bite, The Kluckin’ Chicken, Sharky's, Barone's
>15-Minute Drive
Trader Joe's, In-N-Out Burger, Whole Foods Market, Regency Theatres Van Nuys 16, Ulta, Gelson's, Westfield Fashion Square, Ultrazone Laser Tag, Benihana Marmalade Cafe, El Torito, Jons Marketplace, Sherman Oaks Rec Center, Walgreens
>$10 Uber Ride
The Local Peasant, Osteria La Buca, Los Angeles Valley College, Sugar Taco, The Barrel Tavern, Sherman Oaks Galleria, Crave Cafe, Mr. Furley's Bar, Anajak Thai Cuisine, Anejo Cantina and Grill, Lemón Zëst, The Thirsty Merchant
Submit your offers now!
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FULLY LEASED at an outstanding cap rate of 5.67%! CASH COW!
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No rent control!
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100% STABILIZED! Step into major cash flow on day one.
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Ultra-low price per door of $615,833.
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Units boast ultra-premium finishes, including marble top islands, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.
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Ideal unit mix of four 3-bedroom units, one 4-bedroom SFR & one 1-bedroom unit!
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Boasts 10 total parking spots with 8 garage spaces!
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High ceilings, quality wood doors, ample windows, walk-in closets, and more!
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Great tenants in place
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Steps from the Van Nuys Courthouse.
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Moments from countless mixed-use developments such as the Village Plaza, the Plant Shopping Center, and the Westfield Fashion Square!
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All units separately metered for gas, electric AND water! Microscopic expenses!