14553 Hartland Street, Van Nuys, CA 91405
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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
- DMCA Notice
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DescriptionLocated 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.
Property Location and Similar Properties
Features
Appliances
- None
Assessments
- None
Association Fee
- 0.00
Building Area Total
- 12241.00
Common Walls
- No Common Walls
Cooling
- Wall/Window Unit(s)
Days On Market
- 10
Electric Expense
- 0.00
Fencing
- Wrought Iron
Fireplace Features
- None
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Gardner Expense
- 2400.00
Heating
- Wall Furnace
Insurance Expense
- 17000.00
Laundry Features
- Community
Lockboxtype
- None
Lot Features
- Sprinklers None
Netoperatingincome
- 180948.00
Newtaxesexpense
- 43750.00
Number Of Separate Electric Meters
- 18
Number Of Separate Gas Meters
- 18
Parcel Number
- 2219026057
Parking Features
- Attached Carport
Pest Control Expense
- 900.00
Pool Features
- None
Professionalmanagementexpense
- 12278.00
Sourcesystemid
- 2025031217585548811100...
Sourcesystemkey
- 20250312175855488111000000:CRF
Spa Features
- None
Subdivision Name Other
- Not Applicable
Totalexpenses
- 126027.00
Trash Expense
- 1798.00
View
- None
Water Sewer Expense
- 29750.00
Year Built
- 1965
Year Built Source
- Assessor