14849 Vanowen Street, Van Nuys, CA 91405
Local realty services provided by:ERA Excel Realty
14849 Vanowen Street,Van Nuys, CA 91405
$4,700,000
- 31 Beds
- 36 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26839105
Source:CRMLS
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Price summary
- Price:$4,700,000
About this home
Having undergone several major upgrades, the property contains full copper plumbing, new vinyl windows, and completed seismic retrofit repairs (Buyer to verify), which all combine to lower both maintenance and utility expenses for a new owner. Despite the fact that the property offers strong immediate cash flow at an 8.98 GRM, the asset also allows an investor to potentially recapture the approximately 30% in rent upside via annual rent increases and natural turnover. In addition to rent collections, the property offers multiple supplemental income streams, including RUBS collections, laundry income, parking income, pet rent, and renter's insurance collections. Potential residents are attracted to the numerous amenities available at the property, including a fitness center, a swimming pool, large quartz countertops, recessed lighting, stainless steel appliances, shaker cabinets, and wood flooring. Located near the intersection of Vanowen Street and Kester Avenue, the property allows tenants convenient access to the Greater Los Angeles Metro Area via the nearby 405 and 101 Freeways. In addition to many local shops and eateries, several major shopping destinations are located nearby as well, including Costco Wholesale and two separate Targets, all within two miles of the property. The Sherman Oaks Galleria, The Plant Shopping Center, Westfield Fashion Square, and NoHo West are all nearby as well....
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Home facts
- Year built:1972
- Listing ID #:26839105
- Added:75 day(s) ago
- Updated:August 11, 2026 at 07:13 AM
Rooms and interior
- Bedrooms:31
- Total bathrooms:36
Structure and exterior
- Year built:1972
- Levels:2 Story
Finances and disclosures
- Price:$4,700,000
Parking
- Total parking spaces:46
- Parking description:Assigned
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