fill
fill
fill
Annie Culbertson &
Debbie Rossetto

Mobile Phone:
408-707-0340
annieculbertson@comcast.net
fill
fill
fill
fill
Annie Culbertson &
Debbie Rossetto

fill
Mobile Phone:
408-707-0340
annieculbertson@
comcast.net
fill
fill
fill
fill
fill
fill
Buyer Info
fill
Seller Info
fill
Your Home's Value
fill
Real Estate Glossary
fill
Neighborhood Information
fill
Sitemap
fill
fill
fill

Valencia CA Real Estate & Commercial for Sale


Showing Homes Nearby Valencia, CA
Beds:
n/a
Baths:
Sq.Ft.:
9,326
Status:
Active
MLS#:
CRSR24083316
Type:
Business Opportunities
Lot size:
0.28 Acres
Year built:
1963
A broker reciprocity listing Courtesy: James Antonucci - Keller Williams Realty-Studio City James Antonucci james@aplagroup.com
View additional info

Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 5% interest for 5 years, with a $1,350,000.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with w

Beds:
n/a
Baths:
Sq.Ft.:
5,950
Status:
Active
MLS#:
CRSR24034108
Type:
Retail, Business Opportunities
Lot size:
0.23 Acres
Year built:
1977
A broker reciprocity listing Courtesy: Sofya Davidovich - Citywide Realty Services Sofya Davidovich sofya.davidovich@gmail.com
View additional info

Terrific retail commercial property with a lot of potential due to its prime location in Van Nuys. The ample parking with 12 parking spaces and high visibility are definite advantages for attracting customers. Property features a 5,950 SF building on a large lot of 10,000 SF with newer roofing. The property offers convenient access to public transit, major freeways and existing LA Metro Orange line as well as Potential Project Metrolink Green line.

Beds:
n/a
Baths:
Sq.Ft.:
4,069
Status:
Active
MLS#:
CRSR24075608
Type:
Office, Business Opportunities
Lot size:
0.15 Acres
Year built:
1994
A broker reciprocity listing Courtesy: David Bitran - So-Cal Real Estate Solutions, Inc David Bitran dave@scresinc.com
View additional info

First time on market in over 30+ years, discover this exceptional opportunity as an owner user, investment/investor, or quasi retail office building in the heart of Woodland Hills Ca, at 21112 Ventura Blvd. Perfect for any professional business type environment (Law Offices, Accounting, etc) This two-story office building boasts 4,067 sqft of versatile space is conveniently located on Ventura Blvd, between DeSoto and Canoga Ave. Unique opportunity to have office space upstairs with separate direct access to second floor. Free-standing office building with private and gated parking in the rear. Walking distances to a range of retail options, from restaurants, shops, entertainment, and more. Minutes away from the new Los Angeles based professional NFL team practice facility in Warner Center. Whether you're establishing a new venture or expanding an existing one, this property is an excellent opportunity you won't want to miss.

Beds:
n/a
Baths:
Sq.Ft.:
5,671
Status:
Active
MLS#:
CRSR24045980
Type:
Business Opportunities
Lot size:
0.81 Acres
Year built:
1952
A broker reciprocity listing Courtesy: Raquel Magro - Pinnacle Estate Properties, Inc. Raquel Magro raquel@raquelmagro.com
View additional info

Looking for car enthusiasts or collectors of any type looking for extra storage space while making income from rental units. What a great opportunity to find a flat 35,460 sqft lot with an RV|Car parking yard. Store all your vehicles, trucks, boats, water sport toys, etc. at the rear of this amazing parcel. The RV parking yard is completed gated and features a metal covered structure along with water, electricity & (3) sewer clean-outs. You can store so many cars in this approx. 9,000 sqft yard. LAR-1 zone non-conforming lot with 4 residences on the property that have been "grandfathered in". Garage conversations as well as the additions are legally permitted with C of O's with exception of the gas line to the stoves. Address are as follows: 11767, 11775, 11773 & 11771 plus garage conversions & additions which are the following: 11767-B, 11775-B & 11773-B. There is also a bonus room with 3/4 bath & office room with 3/4 bath, currently being used by the Seller for personal use. Living area square footage is larger than what is reflected with the tax assessors. Total income currently is $14,000 per month with potential for further growth. Property is completed gated with well manicured yards offering tons of charms. Each unit offers off-street parking behind the gated compound. (se

Beds:
n/a
Baths:
Sq.Ft.:
4,351
Status:
Active
MLS#:
CL24372763
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1979
A broker reciprocity listing Courtesy: Or Brodsky - Compass Or Brodsky or@orbrodskygroup.com
View additional info

Fully renovated office complex conveniently located within an OPPORTUNITY ZONE just off Van Nuys Blvd, showcasing four individual units, four bathrooms, a spacious conference room, two fully equipped kitchenettes, and 14 parking spots accessible via a private motorized gated driveway. Renovations encompass comprehensive upgrades including drywall installation, electrical improvements, flooring replacement, new doors and partitions, as well as a fresh roof and windows. The primary upstairs unit features custom glass partitions, an expansive open floor plan, and a covered turfed balcony. Situated within easy reach of shopping centers, retail outlets, Van Nuys airport, and The Superior Court of California for added convenience.

Beds:
n/a
Baths:
Sq.Ft.:
6,009
Status:
Active
MLS#:
CL24386177
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Filip Niculete - Marcus & Millichap Filip Niculete info@laaa.com
View additional info

We are proud to present 14317 Haynes Street, a 7-unit apartment building located in Van Nuys, CA. Built in 1964, the subject property sits on a 7,500 square foot lot and offers a mix of 3- 1 bed/1 bath and 4- 2 bed/2 bath units, totaling 6,009 gross square feet. The offering is turnkey, featuring brand-new copper plumbing, roof, water heaters, laundry facilities and equipment (all owned, not leased), stainless steel appliances, and granite countertops. Additionally, units 1, 4, and 7 have undergone thorough gut renovations. The only outstanding items are fresh paint and driveway refurbishment, which the owner opted not to finalize to avoid prolonging tenant occupancy. Cash for keys has not been attempted by the owner. The property has ample gated parking for tenants with easy access through the right side of the building. To enhance the quality of living for residents, the property features a smoke-free environment with laundry facilities and proximity to shopping and restaurants. Select units have been completely updated with new stainless steel appliances, granite countertops, cabinets, bathrooms & kitchens, and laminate flooring throughout. One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 48% below

Beds:
n/a
Baths:
Sq.Ft.:
22,211
Status:
Active
MLS#:
CL24361515
Type:
Business Opportunities
Lot size:
0.43 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Adam Zunder - Iconic Investments Adam Zunder adam@iconicinv.com
View additional info

The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and

Beds:
n/a
Baths:
Sq.Ft.:
3,576
Status:
Active
MLS#:
CL23324267
Type:
Business Opportunities
Lot size:
0.2 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Leonid Gershkovich - Prime Banker Realty, Inc. Leonid Gershkovich leon6868@yahoo.com
View additional info

6 Units on a large lot in a great and desired location in the city of Van Nuys with lots of potential. Conveniently located near the Court and other government buildings in the heart of the city of Van Nuys with close access to the 405, 101, and 170 freeways. Located just 2.3 miles from the Van Nuys Metrolink Station, which allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity, gas, and trash.

Beds:
n/a
Baths:
Sq.Ft.:
15,377
Status:
Active
MLS#:
CL23342037
Type:
Business Opportunities
Lot size:
0.55 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Daniel Withers - Matthews Real Estate Investment Services Daniel Withers daniel.withers@matthews.com
View additional info

We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.

Beds:
n/a
Baths:
Sq.Ft.:
6,908
Status:
Active
MLS#:
CRWS23189323
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Jinglin YUE - COMPASS Jinglin YUE michael.yue@compass.com
View additional info

REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?. Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate. Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones th

Beds:
n/a
Baths:
Sq.Ft.:
25,200
Status:
Active
MLS#:
CL24354639
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1963
A broker reciprocity listing Courtesy: Daniel Withers - Matthews Real Estate Investment Services Daniel Withers daniel.withers@matthews.com
View additional info

Nestled in the heart of Simi Valley, California, 910-958 Ashland Ave encompasses four charming two-story apartment buildings. These timeless properties, dating back to the early 1960s, offer a distinctive unit mix that caters to a variety of tenant preferences, including (16) Studio units, (16) One-bedroom One-bathroom units, and (4) Two-bedroom One-bathroom units. The thoughtful design of these buildings ensures that residents enjoy a comfortable and hassle-free living experience. Each building is conveniently identified with its individual Assessor's Parcel Number (APN), providing clarity and ease of management.One of the standout features of 910-958 Ashland Ave is its unparalleled location adjacent to the bustling Simi Mall. Residents of this community benefit from seamless access to a plethora of high-end shopping boutiques, delectable dining establishments, and vibrant entertainment venues that abound in the vicinity. Moreover, the property is thoughtfully positioned in close proximity to a scenic lake and an array of hiking trails, offering residents abundant opportunities for outdoor enjoyment and recreation.The compelling combination of well-maintained structures, a strategic location in the heart of Simi Valley, and a unique unit mix positions 910-958 Ashland Ave as an i

Beds:
n/a
Baths:
Sq.Ft.:
7,250
Status:
Active
MLS#:
CRCV24061553
Type:
Retail, Business Opportunities
Lot size:
0.18 Acres
Year built:
1911
A broker reciprocity listing Courtesy: THE MARK AND AL TEAM - CENTURY 21 MASTERS THE MARK AND AL TEAM offers@markandal.com
View additional info

An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.

Beds:
n/a
Baths:
Sq.Ft.:
3,577
Status:
Active
MLS#:
CRSR24088475
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Walter Lopez - WGRES INC. Walter Lopez walter@waltersellsla.com
View additional info

Welcome to an exceptional investment opportunity in the heart of Van Nuys, CA! This quadruplex boasts a total of 6 units, offering a combined 8 bedrooms and 6 bathrooms. The property features a mix of 2-bedroom, 1-bathroom units and 1-bedroom, 1-bathroom units, providing flexibility and variety for tenants. With a zoning designation of LAR3, this property holds massive potential for future development or expansion opportunities. Centrally located and with units to be delivered occupied, this quadruplex presents an attractive investment prospect. The property spans 3,577 square feet of livable space and sits on a large rectangular lot totaling 7,499 square feet, offering ample space for tenants to enjoy. With meticulous upkeep, this property is ready to provide both immediate rental income and long-term appreciation potential. Don't miss out on this rare opportunity to own a well-maintained quadruplex in a prime locationschedule a showing today and seize the potential that awaits in Van Nuys.

Beds:
n/a
Baths:
Sq.Ft.:
9,500
Status:
Active
MLS#:
CRSR24035256
Type:
Business Opportunities, Warehouse
Lot size:
0.16 Acres
Year built:
1929
A broker reciprocity listing Courtesy: Scott Pinkerton - Century 21 Peak Scott Pinkerton scottyp818@yahoo.com
View additional info

Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors. Property can also be purchased together with 14520 Erwin St for $1,850,000.

Beds:
n/a
Baths:
Sq.Ft.:
4,500
Status:
Active
MLS#:
CRSR24041569
Type:
Retail, Business Opportunities
Lot size:
0.16 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Scott Pinkerton - Century 21 Peak Scott Pinkerton scottyp818@yahoo.com
View additional info

Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures.. Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility. The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential. Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctu

Beds:
n/a
Baths:
Sq.Ft.:
35,309
Status:
Active
MLS#:
CL24364931
Type:
Business Opportunities
Lot size:
0.43 Acres
A broker reciprocity listing Courtesy: John 'Judd' Dunning - John Barker Dunning John 'Judd' Dunning jdunning@dwg-re.com
View additional info

INVESTMENT HIGHLIGHTS:DWG Capital Group is proud to exclusively present the 6-parcel land assemblage at 23024-23026 Ventura Blvd, Woodland Hills, CA 91364 for sale. This undeveloped land property in Woodland Hills, California, presents an excellent multi-use development opportunity for investors and developers.DEVELOPMENT STATISTICS:The property is located at 23024-23026 Ventura Blvd and is zoned for C-1 use. It is situated on 6 parcels, totaling approximately 18,774 square feet, providing ample space for innovative design and construction. The proposed building would encompass a total area of 35,309 square feet, complying with a floor area ratio (F.A.R.) of 1 to 1. The development plan includes the construction of 40 units, consisting of 35 standard apartment units and 5 ground floor retail/office live/work spaces. The estimated cost is $84,995 per un-entitled unit, resulting in a total cost of $3,399,800. Buyer is encouraged to perform their own due diligence.EXCELLENT LOCATION:The property is situated in a highly desirable location in Woodland Hills, California. It is located between the popular Ventura Blvd and Highway 101 just east of Valley Circle Blvd, which offers easy access to various amenities, including shopping centers, restaurants, and entertainment options all near

Beds:
n/a
Baths:
Sq.Ft.:
6,720
Status:
Active
MLS#:
CROC24052722
Type:
Business Opportunities
Lot size:
0.7 Acres
Year built:
1954
A broker reciprocity listing Courtesy: Kelli Cooper - Kelli Cooper, Broker Kelli Cooper KelliCooperNHB@gmail.COM
View additional info

Redevelopment opportunity/owner/occupant land bank in this fast-growing NoHo neighborhood in the Lankershim Ranch. Discover an unparalleled opportunity to invest in a prestigious industrial property situated on the bustling Lankershim Blvd. in the heart of NoHo. Boasting a coveted location directly across from the iconic Hollywood Backlot Bungalows, 8265 Lankershim Blvd. offers an exceptional blend of visibility, accessibility, and potential for various commercial and industrial endeavors, such as City approved redevelopment in the LAM1 zone including but not limited to Industrial, Retail, Office and Restaurant uses. Lankershim Blvd. in Los Angeles is named in honor of the Lankershim family per Wikipedia. Isaac Lankershim struck his claim in Los Angeles buying and developing the 60,000 acres now known as North Hollywood, Van Nuys, Sherman Oaks, Encino, Tarzana and Woodland Hills. Be part of the Lankershim Legacy of Success! NoHo aka North Hollywood is booming with a friendly city climate for redevelopment in this growing neighborhood. This property consists of a 2,400 to 6,720 SF building on .7 acres / 30,492 SF parcel of valuable land. *Business is not for sale*

Beds:
n/a
Baths:
Sq.Ft.:
5,200
Status:
Active
MLS#:
CRSR24074637
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1925
A broker reciprocity listing Courtesy: Valodia Derdanielian - Central Realty Valodia Derdanielian centralreservices@gmail.com
View additional info

RTI, Ready to start construction for 6 units Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915 Rents per Section 8: 2 BR 2 BA $3052 All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information

Beds:
n/a
Baths:
Sq.Ft.:
11,368
Status:
Active
MLS#:
CL24364067
Type:
Business Opportunities
Lot size:
0.31 Acres
Year built:
1984
A broker reciprocity listing Courtesy: Daniel Baird - Sperry Van Ness Daniel Baird richd@svn.com
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
5,200
Status:
Active
MLS#:
CRSR23143553
Type:
Business Opportunities
Lot size:
0.14 Acres
Year built:
1964
A broker reciprocity listing Courtesy: Cindy Hill - Equity Union Cindy Hill cindyhill@valleyapartmentsales.com
View additional info

We are proud to represent this 7 unit apartment building in Van Nuys. The property has an excellent unit mix consisting of (1) studio, (4) 1+1 units, (1) 2+1 unit, and (1) 3+2 unit. With a lot size of 6,252 square feet, the property has a total of 5,200 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.

Beds:
n/a
Baths:
Sq.Ft.:
2,387
Status:
Active
MLS#:
CL24343251
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1957
A broker reciprocity listing Courtesy: Touran Teri Heravi - Compass Touran Teri Heravi teriheravisellsla@gmail.com
View additional info

Potential Medical Office / Apartment development. Teri Heravi is proud to present the Exclusive Listing at 15217 Burbank Blvd in Sherman Oaks. Just East of Sepulveda on Burbank Blvd. Property offers High Traffic and High Visibility. In close proximately of Target and Costco, Sherman Oaks Galleria. Easy access to the 405 and 101 freeways. Formerly Law Offices with 5 offices, conference room, kitchen and 2 bathrooms. 2,387 SF / 9,426SF Lot. Zoned C2-1VL. Property offers rare 14 parking spaces. Delivered Vacant.

Beds:
n/a
Baths:
Sq.Ft.:
4,471
Status:
Active
MLS#:
CL24370425
Type:
Business Opportunities
Lot size:
0.15 Acres
Year built:
1956
A broker reciprocity listing Courtesy: Miguel Gonzalez - eXp Realty of California Inc Miguel Gonzalez miguel.gonzalez@exprealty.com
View additional info

Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.

Beds:
n/a
Baths:
Sq.Ft.:
11,230
Status:
Active
MLS#:
CRBB24059768
Type:
Business Opportunities
Lot size:
0.32 Acres
Year built:
1958
A broker reciprocity listing Courtesy: David Nalbandyan - LA Premier Realty David Nalbandyan info@lapremierrealty.com
View additional info

A 15-unit Multifamily Located in Noho West With a Ton of Upside (74%). the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $250K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.65 and Proforma CAP rate of 8.76%. EQ Retrofitting has been completed and main electrical panel and subpanels have been upgraded in 2024.

Beds:
n/a
Baths:
Sq.Ft.:
36,408
Status:
Active
MLS#:
CRPTP2402516
Type:
Business Opportunities
Lot size:
1.37 Acres
Year built:
1970
A broker reciprocity listing Courtesy: Maxwell Brown - Commercial Asset Advisors Maxwell Brown mbrown@caacre.com
View additional info

Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40 unit complex consisting of open grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units, (20) 2 Bedroom / 1 bath units, and (8) 3 bedroom / 2 bath units. The property does not possesses any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. The property possesses significant income and equity growth potential with an in-place 4.45% cap rate and a 8.5% proforma cap rate on a proven loss to lease rent roll. Select units are renovated with proven renovated proforma rents. Runnymede Holiday Apartments is well located in the vibrant neighborhood of North Hollywood. Known for its artistic flair, diverse community, and convenient access to urban amenities, North Hollywood offers an enticing blend of entertainment, culture, and lifestyle opportunities. The property is located with quick access to Highway 170, The Burbank Airport, Iconic Noho Arts District, and various retail shops/centers in the immediate surrounding area. On

Beds:
n/a
Baths:
Sq.Ft.:
15,422
Status:
NEW LISTING
MLS#:
CL24390111
Type:
Business Opportunities
Lot size:
0.24 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Kelly Morgan - KW Advisors Kelly Morgan Kelly@KellyMorganCommercial.com
View additional info

***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity. Each unit offers over 2,500+ square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epito


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/15/2024.

How may I help you?

Get property information, schedule a showing or find an agent






We respect your privacy