14553 Hartland ST new Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91405
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-21220
HOA Y/N No
Year Built 1965
Lot Size 0.342 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Attached Carport
Fence Wrought Iron
Pool None
Community Features Street Lights,Sidewalks
View Y/N No
View None
Total Parking Spaces 17
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 2219026057
Acceptable Financing Cash to Existing Loan,Cash to New Loan
Listing Terms Cash to Existing Loan,Cash to New Loan
Special Listing Condition Standard