Exceptional Triplex Opportunity in Van Nuys". A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits.***DRIVE BY ONLY. Please refrain from disturbing the tenants.
DAYS ON MARKET
|
25
|
LAST UPDATED
|
3/26/2025
|
YEAR BUILT
|
1941
|
COMMUNITY
|
Van Nuys
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
APPLIANCES |
Disposal, Electric Cooktop, Electric Range, Free-Standing Range, Gas Range, Gas Water Heater |
AREA |
Van Nuys |
CONSTRUCTION |
Drywall, Stucco |
EXTERIOR |
Lighting |
FIREPLACE |
Yes |
GARAGE |
See Remarks, Yes |
HEAT |
Floor Furnace, Wall Furnace |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Down, Main Level Primary, Unfurnished |
LOT |
6753 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre |
PARKING |
See Remarks |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
STYLE |
Contemporary |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected, Electric: Standard,220 Volts |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LARD2 |
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Listed with Lux Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/19/25 11:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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