16057 Hartland Street, Van Nuys, CA 91406

Van Nuys
Local realty services provided by:ERA North Orange County Real Estate
16057 Hartland Street,Van Nuys, CA 91406
$1,300,000
  • 9 Beds
  • 7 Baths
  • 4,210 sq. ft.
  • Multi-family
  • Active
Listed by: brett sanson
Office: marcus & millichap818-212-2700
MLS#:26992647
Source:CRMLS

Price summary

  • Price:$1,300,000
  • Price per sq. ft.:$308.79

About this home

16057 Hartland Street presents a compelling opportunity to acquire a five-unit multifamily investment in a solid Van Nuys location, offering investors an attractive combination of current income and long-term rental growth. The property features a desirable unit mix of three one-bedroom/one-bathroom units and two three-bedroom/two-bathroom units.The two three-bedroom units were constructed in 2009 and are not subject to the Los Angeles City Rent Stabilization Ordinance (RSO),but are subject to CA State rent control, AB 1482. This allows an investor greater flexibility to capture future rental growth on the property's largest units without the LA City RSO restrictions. Residents enjoy proximity to Lake Balboa, the Sepulveda Basin Recreation Area, major shopping and dining corridors, and some of the San Fernando Valley's most established employment centers.Convenient access to the 405 and 101 Freeways provides connectivity throughout the Valley, Westside and greater Los Angeles. 16057...

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Home facts

  • Year built:1946
  • Listing ID #:26992647
  • Added:1 day(s) ago
  • Updated:September 26, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Kitchen Description:Microwave, Refrigerator
  • Living area:4,210 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1946
  • Building area:4,210 sq. ft.
  • Lot area:0.2 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,300,000
  • Price per sq. ft.:$308.79

Parking

  • Total parking spaces:7
  • Parking description:Covered, Uncovered
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