17411 Vanowen Street

Van Nuys, CA 91406

$2,865,000
Last Sold Price
4
Beds
16
Baths
10,125 Sq. Ft.
$283 / Sq. Ft.
10,125
Sq. Ft.
$283
per Sq. Ft.

Closed 8/6/24

Closed 8/6/24

a view of a house with backyard porch and sitting area
a view of a parked cars in front of a building
a front view of a house with a yard
a view of a cars parked in front of a building
an aerial view of multiple houses with outdoor space
an aerial view of a house
a view of a patio with table and chairs with wooden fence
a kitchen with white cabinets sink and stove
a view of empty room with wooden floor and fan
a view of kitchen and empty room with wooden floor
a white toilet sitting next to a bathroom sink

Description

We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School,...We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School, Mulholland Middle School and Sepulveda Basin Recreation Area are some notable destinations nearby. Sherman Oaks Galleria and Sherman Oaks RecreationArea are also a short drive away. Major freeway access to 101 and 405 freewaysis also convenient and close by. The property offers residents spacious floorplans, ample closet space, wall AC & Heating units as well as a courtyard with a pool, on-site laundry facilityand gated carport/open parking. This is a great opportunity to own a well located, corner property that offers significant upside as units turn.
  1. Listed by Brett Sanson • DRE #01387480 • Brokerage DRE #00530854 • Marcus & Millichap

Property Details for 17411 Vanowen Street

Parking Spaces Total
16
Cooling Type
Wall Unit(s)
Total Units
16.0
Lot Size Source
Assessor
Living Area
10125
Assessor Parcel Number
2229-006-041
New Construction
No
Building Area Total
10125
LISTING UPDATED: 08/07/2024 07:34 AM

Property Details for 17411 Vanowen Street

StatusClosed
MLS #24360743
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1959
Lot Size0.36 AC / 15,849 SF
CountyLos Angeles County

Building Information for 17411 Vanowen Street

Stories2Residences-Year Built1959Building Size-Lot Size0.36 AC / 15,849 SF

Property Information for 17411 Vanowen Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $253,901
  • Gross Operating Income: $246,341
  • Net Operating Income: $146,024
  • Gross Multiplier: 11.62
  • Cap Rate: 4.95
Expense Details
  • Total Expenses: $100,318
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Equipment: Range/Oven
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Other Structures: Other
  • Pool Features: In Ground
  • Pool Description: In Ground
Land/Lot Info
  • Number Of Units: 16
  • Levels: Two
Parking Info
  • Parking: Yes
  • Parking Garage: Gated, Carport
  • Parking Features: Gated, Carport
Unit Information
Unit 1
  • Unit Type Units Total: 13
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,322
  • Unit Type Total Rent: $17,080
  • Unit Type Pro Forma: 22750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,209
  • Unit Type Total Rent: $2,418
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit Information
  • Number Of Buildings: 1

Property History for 17411 Vanowen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 17411 Vanowen Street

Taxable ValueLand$92,512Additions$276,405Total$368,917
Tax Record2024$6,590 ($549 / month)
Home Facts
Total Finished SqFt10,125 SqFtAbove Grade Finished SqFt10,125 SqFtLot Size15,844 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN2229-006-041

Schools near 17411 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Lemay Street Elementary School
Public - K to 5
William Mulholland Middle School
Public - 6 to 8
Birmingham Community Charter High School
Charter - 9 to 12
High Tech La School
Charter - 9 to 12
Rating
School
Distance
Lemay Street Elementary School
PublicK to 5

William Mulholland Middle School
Public6 to 8

Birmingham Community Charter High School
Charter9 to 12

High Tech La School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Brett Sanson, DRE #01387480

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.