Van Nuys, CA 91405,14531 VOSE ST

$3,898,000

Est. payment /mo

$3,995,000

2.4%
Est.Price: ?

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14531 VOSE ST Van Nuys, CA 91405

17,085 SqFt

SOLD DATE : 08/07/2014

Key Details

Sold Price $3,898,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 17,085 sqft

Price per Sqft $228

MLS Listing ID 14761643

Sold Date 08/07/14

HOA Y/N No

Year Built 2009

Lot Size 0.310 Acres

Acres 0.31

Property Description

- 14 Luxury Townhome Units Built in 2009- All Units are Two- and Three-Bedroom, Two-Level, Townhome-Style- Originally Constructed as Individual "For Sale" Units Tentative Tract Map 061564 - Hardwood Floors, Granite Countertops, Travertine Tile, Central Heat & A/C, High Ceilings - Washer and Dryer in Each Unit Provides Convenience and Commands a Higher Rent- 35 Gated, On-Grade Parking Spaces- New Stacked Stone on the Building, New Exterior Paint and New Stucco Window Trim- New Stacked Stone Fence Built in 2014- Two-Bedroom Units Average 1,106 Square Feet & Three-Bedroom Units Average 1,220 Square Feet- Tremendous Rental Upside Potential of Approximately 17%- Comparable Rental Units in Van Nuys: Two-Bedroom Units Range from $1,795 to $1,990 Comparable Rental Units in Van Nuys: Three-Bedroom Units Average $2,200- No Rent Control Eased Ability to Capture the Income Potential of this Asset- Future Exit Strategy of Recording the Tract Map and Selling Each Unit Individ

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Rooms

Ensuite Laundry SeeRemarks

Interior

Laundry Location SeeRemarks

Cooling CentralAir

Fireplace No

Laundry SeeRemarks

Exterior

Garage Garage

Parking Type Garage

Total Parking Spaces 35

Building

Story 2

Others

Tax ID 2219009026

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by David Harrington • Matthews Retail Group, Inc.
Bought with Grady Liu • MacroReal Inv Grp Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

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