Van Nuys, CA 91405,7234 Allott Avenue
Van Nuys, CA 91405,7234 Allott Avenue
Van Nuys, CA 91405,7234 Allott Avenue
Van Nuys, CA 91405,7234 Allott Avenue
Van Nuys, CA 91405,7234 Allott Avenue
Van Nuys, CA 91405,7234 Allott Avenue
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$1,450,000

$1,498,000

3.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2 Beds

2 Baths

0.25 Acres Lot


SOLD DATE : 09/01/2023

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR23125657

Sold Date 09/01/23

Bedrooms 2

HOA Y/N No

Lot Size 0.253 Acres

Property Description

A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!
A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!

Location

State CA

County Los Angeles

Area Van Nuys (91405)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Brick, Stucco

Parking Features Unit1:Assigned

Building

Lot Description Sidewalks

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $47

Acceptable Financing Conventional

Space Rent $6,600

Listing Terms Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Ali Eghbal Ketabchi • Equity Union
Bought with Carlo Honanian • Silver Spoon Properties
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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