$3,815,000
$3,800,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
14,869 SqFt
SOLD DATE : 01/05/2022
Key Details
Sold Price $3,815,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,869 sqft
Price per Sqft $256
MLS Listing ID AR21183308
Sold Date 01/05/22
HOA Y/N No
Year Built 1977
Lot Size 0.482 Acres
Acres 0.4818
Property Description
$100K Price Reduction! We are proud to represent this MISTY MANOR 20 unit Multi-Family building in the heart of Van Nuys. Almost 30 years First time on the market for sale! Opportunity zone! The property was constructed in 1977. Gated and Well Maintained! This offering presents a rare opportunity to investors to acquire a strategically located, value-add investment opportunity! Its unit mix consists of (10) one bedroom units, (4) one bedroom with Den room units, (4) Studio units and (2) two bedroom units. With a lot size of 20,989 square feet, the property has a total of 14,869 rentable square feet. 100% Occupied with Excellent Long term tenants. All units have individual electric and gas meters. The owners completed the City of Los Angeles retrofitting two and half years ago. Don’t miss this opportunity, it won’t last!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAR3
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Heating ForcedAir
Fireplace No
Laundry CommonArea
Exterior
Carport Spaces 8
Pool None
Community Features Urban, Valley
Utilities Available WaterNotAvailable
Total Parking Spaces 30
Private Pool No
Building
Lot Description Item1620UnitsAcre
Story 2
Entry Level Two
Sewer Other
Water None
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2219026005
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing CashtoNewLoan
Special Listing Condition Standard
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Bought with Yuqing Wang • Re/Max Premier Prop Arcadia
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "