15624 Vanowen Street, Van Nuys, CA 91406

Local realty services provided by:ERA North Orange County Real Estate
15624 Vanowen Street,Los Angeles, CA 91406
$2,000,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: casey picard
Office: keller williams realty
MLS#:P1-25149
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,000,000

About this home

This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

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Home facts

  • Listing ID #:P1-25149
  • Added:1 day(s) ago
  • Updated:December 11, 2025 at 04:08 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Heating and cooling

  • Cooling:Wall/Window

Finances and disclosures

  • Price:$2,000,000
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