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100% STABILIZED- CURRENT MONTHLY RENT ROLL IS $23,350.00 MONTHLY - 6 UNITS ARE NOW LEASED. Introducing this stunning 6-Unit modern contemporary 3 story townhouse style, 2024 NEW CONSTRUCTION with NO RENT CONTROL - (lot size: 10,082 and the combined living Sq Ft 10,422 & 21 bedrooms/21 full size bathrooms & 5 powder rooms and 10 unrestricted parking spaces) located in the Van Nuys submarket of the San Fernando Valley. Only $649,000 per unit: this Van Nuys neighborhood is experiencing incredible growth and an overflow from young professionals along with multi-generational families. The Developer has paid careful attention to all the details of the building to stand out from other new buildings. The subject property is in high-demand rental location near the Van Nuys Courthouse, the restaurants and shops along Ventura Blvd (which are minutes away), commuters enjoy easy access to the 101 and 405 freeways, major public transportation (Metro Orange Line), and Hospitals (Valley Presbyterian). Each unit is separately metered, ensuring the landlord incurs no utility expenses. This property offers a unique blend of contemporary amenities, cost-saving features, and income potential, making it a highly recommended investment option in the Van Nuys submarket. This area is one of the most densely populated areas within the Los Angeles City. Don't miss out on the opportunity to earn positive cash flow with annual rent increases, leverage new construction tax benefits, minimize maintenance costs, 1 Yr. fit and finish builder’s warranty. Make this the one and witness appreciation in one of the San Fernando Valley’s most historically robust markets. Call today, we welcome your 1031 exchange here! **6 UNITS ARE NOW LEASED**
Property Type(s):
Residential Income
| Last Updated | 4/1/2025 | Year Built | 2024 |
|---|---|---|---|
| Community | Van Nuys | Garage Spaces | 4.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer |
| AREA | Van Nuys |
| GARAGE | Assigned, Driveway, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Balcony |
| LOT | 10082 sq ft |
| PARKING | Assigned,Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Neighborhood |
| WATER | Public |
| ZONING | LARD1.5 |
Location
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Listed with CENTURY 21 REALTY MASTERS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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