14553 Hartland ST Active Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91405
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-21220
Year Built 1965
Lot Size 0.342 Acres
Property Description
Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,700,000 at a fixed 3.58% interest rate until June 1st, 2027. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Rooms
Kitchen None
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Community Facility
Exterior
Parking Features Carport
Garage Spaces 17.0
Pool 31,None
View None
Others
Special Listing Condition Not Applicable