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 $1,775,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,360. 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:
$3,400,000
MLS #:
P1-23259
Status:
Active
Baths:
0
Address:
14553 Hartland Street
Type:
Residential Income
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Jul 16, 2025
State:
CA
ZIP:
91405
Lot Size:
14,911 sqft / 0.34 acres (approx)
Year Built:
1965
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None
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Street Lights
Parking Spots
18.00
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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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