Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    14553 Hartland Street, Van Nuys, CA 91405
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    14553 Hartland Street
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    • MLS#: P1-21220 ( )
    • Street Address: 14553 Hartland Street
    • Viewed: 4
    • Price: $3,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1965
    • Bldg sqft: 0
    • Days On Market: 23
    • Additional Information
    • County: LOS ANGELES
    • City: Van Nuys
    • Zipcode: 91405
    • Subdivision: Not Applicable
    • Provided by: Keller Williams Realty
    • Contact: Casey Casey
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219 026 058) & 14553 Hartland Street (APN: 2219 026 057). Together, the investment opportunity totals +/ 12,241 square feet on a +/ 14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) 2 bed / 2 bath, (1) 2 bed / 1 bath SFR, (1) 2 bed / 1 bath, and (11) 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,700,000 at a fixed 3.58% interest rate until June 1st, 2027. Furthermore, there is no need for an on site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
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    Features
    Appliances
    1. None
    Assessments
    1. None
    Association Fee
    1. 0.00
    Building Area Total
    1. 12241.00
    Common Walls
    1. No Common Walls
    Cooling
    1. Wall/Window Unit(s)
    Days On Market
    1. 10
    Electric Expense
    1. 0.00
    Fencing
    1. Wrought Iron
    Fireplace Features
    1. None
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 2400.00
    Heating
    1. Wall Furnace
    Insurance Expense
    1. 17000.00
    Laundry Features
    1. Community
    Lockboxtype
    1. None
    Lot Features
    1. Sprinklers None
    Netoperatingincome
    1. 180948.00
    Newtaxesexpense
    1. 43750.00
    Number Of Separate Electric Meters
    1. 18
    Number Of Separate Gas Meters
    1. 18
    Parcel Number
    1. 2219026057
    Parking Features
    1. Attached Carport
    Pest Control Expense
    1. 900.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 12278.00
    Sourcesystemid
    1. 2025031217585548811100...
    Sourcesystemkey
    1. 20250312175855488111000000:CRF
    Spa Features
    1. None
    Subdivision Name Other
    1. Not Applicable
    Totalexpenses
    1. 126027.00
    Trash Expense
    1. 1798.00
    View
    1. None
    Water Sewer Expense
    1. 29750.00
    Year Built
    1. 1965
    Year Built Source
    1. Assessor
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836