Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) – 2 bed / 2 bath, (1) – 2 bed / 1 bath SFR, (1) – 2 bed / 1 bath, and (11) – 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,700,000 at a fixed 3.58% interest rate until June 1st, 2027. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
Property Details
Price:
$3,500,000
MLS #:
P1-21220
Status:
Active
Baths:
0
Address:
14553 Hartland Street
Type:
Residential Income
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Mar 11, 2025
State:
CA
ZIP:
91405
Lot Size:
14,911 sqft / 0.34 acres (approx)
Year Built:
1965
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Schools
Interior
Appliances
None
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Street Lights, Sidewalks
Fencing
Wrought Iron
Garage Spaces
0.00
Lot Features
Sprinklers None
Parking Features
Attached Carport
Parking Spots
17.00
Pool Features
None
Spa Features
None
View
None
Financial
Association Fee
0.00
Map
Community
- Address14553 Hartland Street Van Nuys CA
- AreaVN – Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
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14553 Hartland Street
Van Nuys, CA
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