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$5,300,000

Beds
21
sq ft
15,377

13907 Vanowen St, Van Nuys, CA 91405

13907 Vanowen St

Los Angeles, CA 91405

  • 185 days on market
We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.

Details

Property type

Lot size

0.5461 acres

Price per sq ft

$345

Year built

1972

HOA

No

Price History

03/05/2024
CLAW

CLAW #23342037

Listed
$5,300,000
02/13/2024
CLAW

CLAW #23342037

Pending
$5,300,000
01/18/2024
CLAW

CLAW #23342037

Listed
$5,300,000
+13.37%

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

July 2022

Original loan amount

$3,525,000

Est. remaining balance

Not provided

Interest rate

4.04%

Loan type

Commercial

Seller

Burriss Building Llc

Lender

Qualfax Inc

Loan start date

February 2022

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

3.22%

Loan type

Commercial

Seller

Burriss Building Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:40 AM

Listing updated: 06/27/2024 at 10:03 AM

Listed by: Daniel Withers, Matthews Real Estate Investment Services Phone #: (866) 889-0550

MLS: CLAW #23342037

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