17411 Vanowen Street

Van Nuys, CA 91406

$2,950,000
Price
17
Beds
16
Baths
10,125 Sq. Ft.
$291 / Sq. Ft.
10,125
Sq. Ft.
$291
per Sq. Ft.

Description

We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School,...We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School, Mulholland Middle School and Sepulveda Basin Recreation Area are some notable destinations nearby. Sherman Oaks Galleria and Sherman Oaks RecreationArea are also a short drive away. Major freeway access to 101 and 405 freewaysis also convenient and close by. The property offers residents spacious floorplans, ample closet space, wall AC & Heating units as well as a courtyard with a pool, on-site laundry facilityand gated carport/open parking. This is a great opportunity to own a well located, corner property that offers significant upside as units turn.
  1. Listed by Brett Sanson • DRE #01387480 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 17411 Vanowen Street

Zoning
LAR3
Parcel Number
2229006041
Total Units
16.0
Living Area
10125
Source Living Area
Assessor
Area
Lake Balboa (LKBL)
Vacancy Rate
3%
Lot Size Area
15849

Location

Listing Courtesy of Marcus & Millichap, Brett Sanson, DRE #01387480
Add your commute
LISTING UPDATED: 05/13/2024 11:27 AM

Property Details for 17411 Vanowen Street

StatusActive
MLS #24-360743
Days on Market65
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.36 AC / 15,849 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Brett Sanson, DRE #01387480
Add your commute

Building Information for 17411 Vanowen Street

Stories2Residences-Year Built1959Building Size-Lot Size0.36 AC / 15,849 SF

Payment Calculator

$16,641 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$542

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17411 Vanowen Street

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $246,341
  • Net Operating Income: $146,024.00
  • Gross Income: $253,901
  • Cap Rate: 4.95%
  • Gross Rent Multiplier: $11.62
  • Total Annual Expense: 100318
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.36
  • Lot Size Square Feet: 15849
Parking Details
Parking Details
  • Parking Garage: Gated, Carport
  • Total Parking: 16
  • Parking Features: Gated, Carport
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • Pool: Yes
  • Pool Description: In Ground
  • Pool Features: In Ground
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,322.00
  • Unit Actual Rent: $17,080.00
  • Unit Projected Rent: $22,750.00
  • Like Units: 13
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,209.00
  • Unit Actual Rent: $2,418.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 17411 Vanowen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17411 Vanowen Street

Taxable ValueLand$90,699Additions$270,986Total$361,685
Tax Record2023$6,502 ($542 / month)
Home Facts
Total Finished SqFt10,125 SqFtAbove Grade Finished SqFt10,125 SqFtLot Size15,844 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN2229-006-041

Schools near 17411 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Lemay Street Elementary School
PublicK to 5

William Mulholland Middle School
Public6 to 8

Birmingham Community Charter High School
Charter9 to 12

High Tech La School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

17411 Vanowen Street is a multi-family home for sale in Van Nuys, CA 91406. This property was listed for sale on February 19, 2024 by Marcus & Millichap, it's currently listed at $2,950,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lemay Street Elementary School, William Mulholland Middle School and Birmingham Community Charter High School. 17411 Vanowen Street is a 17-bed, 16-bath, 10,125 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Brett Sanson, DRE #01387480

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.