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$5,350,000

Beds
20
sq ft
19,532

15405 Vanowen St, Van Nuys, CA 91406

15405 Vanowen St

Van Nuys, CA 91406

  • 31 days on market
    • Price drop $250,000↓
HUGE PRICE REDUCTION! 15405 Vanowen is being offered at a 10.46 GRM and 5.68% cap rate with low rents - 39% upside in rents. Great price per unit of $178,333 and price per foot of $273.91. Gated parking and secured entrance for tenant security. Close proximity to freeways for convenience of travel to work and school. Large lot of 22,873 square feet zoned LAR3. The building is fully occupied, so please do not disturb the tenants. All showings are subject to an accepted offer.

Details

Property type

Est. home value

$6,617,953

Lot size

0.5253 acres

Price per sq ft

$274

Year built

1960

HOA

No

Price History

02/24/2025
CLAW

CLAW #25493379

Price change
$5,350,000
-4.46%
02/03/2025
CLAW

CLAW #25493379

Listed
$5,600,000
-0.88%
03/01/2024
CLAW

CLAW #23321201

Removed
$5,650,000

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

Luther Burbank Savings

Loan start date

June 2020

Original loan amount

$1,650,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Building or Construction Loan

Seller

San Orion Limited

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: 03/06/2025 at 1:25 AM

Listing updated: 02/24/2025 at 3:35 PM

Listed by: Chase Simonton, RE/MAX One Phone #: (818) 366-3300

MLS: CLAW #25493379

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