14847 Erwin Street

Description

Amazing Investment Opportunity and Prime Van Nuys, CA Location. Six Units, All units are tenant occupied. Located 14847 Erwin St, Van Nuys, CA, year built 1956. This building features: 4,274 of living area with 8,109 square feet lot. Subject property is subject to LA City Rent Control. Excellent unit is mixed: Three units are 1 bedroom one bathroom and three units are two bedrooms, one bathrooms, total of 9 bedrooms and 6 bathrooms. Some units have been recently upgraded. On site Common laundry facility. There is over 23%+ (approximately) upside potential in current rents. Tons of potentials Parking space for each unit, centrally located. 1 / 10 Map Realist 2.0 Assessor Map Realtor Property Resource # OF UNITS TOTAL: 10 SQFT(src): 1 PRICE PER SQFT: LOT(src): 8,112/0.1862 (A) LEVELS: Two YEAR BLT(src): 1956 (ASR) DOM / CDOM: 0/0 SLC: Standard TOTAL OP. EXP: $13,402.00 NET OP. INCOME: $59,598 PARCEL #: 2241009016 LISTING ID: SR24214456 Glide Offer DESCRIPTION Amazing Investment Opportunity and Prime Van Nuys Location. Six Units, All units are tenant occupied. Located 14847 Erwin St, Van Nuys, CA, built 1956. This unit features: 4,274 of living area with 8,109 square feet lot. Subject property is subject to LA City Rent Control. Excellent unit is mixed: Three units are 1 bedroom one bathroom and three units are two bedrooms one bathroom, total of 9 bedroom and 6 bathrooms. Some units have been upgraded. On site Common laundry facility. There is over 23% upside potential in current rents. Tons of potentials Parking space for each unit, centrally located.

Listing information courtesy of: Blanca Deleon, Keller Williams Realty A.V. 661-618-0785. *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.