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18713 Vanowen Street

Reseda, CA 91335
  • $1,048,888
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: SB24219919
UPDATED: 52 min ago
$1,048,888
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Listing Agent(s): Hazel Brown of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

Lyon Stahl and Pacific Peak RE are pleased to exclusively represent 18713 & 18713 1/2 Vanowen in the sale of this excellent redevelopment and/or repositioning play. The property consists of 3 separate Garden Style apartments totaling 1,884 SQ FT on a 10,000+ SQ FT lot. The lot has two APN allowing for a 10 unit development utilizing SB9 guidelines, via "TUD" provisions. (Buyer to verify).The units have sizable yards which attract tenants with pets and those enjoying outdoor space. The front 1 BD + 1 BTH unit has been fully remodeled with updated kitchen, new flooring and paint throughout. In addition, 2 of the 3 units are unoccupied, allowing for buyer to either have full control of new tenants or to begin the entitlement process. The 3 BD unit has comes with washer/dryer hookups and appliances.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T08:24:57.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/157085607
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18713 Vanowen Street Reseda, CA 91335

  • Price: $1,048,888
  • Status: Active
  • On Site: 46 Days
  • Updated: 52 min ago
  • ID#: SB24219919
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1961
Built
Neighborhood:
RES - Reseda
County:
Los Angeles
Area:
RES - Reseda
Property Description
Lyon Stahl and Pacific Peak RE are pleased to exclusively represent 18713 & 18713 1/2 Vanowen in the sale of this excellent redevelopment and/or repositioning play. The property consists of 3 separate Garden Style apartments totaling 1,884 SQ FT on a 10,000+ SQ FT lot. The lot has two APN allowing for a 10 unit development utilizing SB9 guidelines, via "TUD" provisions. (Buyer to verify).The units have sizable yards which attract tenants with pets and those enjoying outdoor space. The front 1 BD + 1 BTH unit has been fully remodeled with updated kitchen, new flooring and paint throughout. In addition, 2 of the 3 units are unoccupied, allowing for buyer to either have full control of new tenants or to begin the entitlement process. The 3 BD unit has comes with washer/dryer hookups and appliances.
Exterior Features

Construction Materials BrickConcrete Entry Level 1 Entry Location front Fencing Wood Lot Features 0-1 Unit/AcreBack YardGardenLawn Number Of Separate Electric Meters 3 Other Structures Second Garage Parking Features AssignedDrivewayGaragePavedUncovered Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View None View YN No

Interior Features

Appliances DishwasherElectric RangeGas CooktopGas OvenGas RangeDryerWasher Common Walls No Common Walls Flooring Laminate

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.78 Common Interest None Community Features Urban Fuel Expense 0 Garage YN Yes Gross Income 83400 Gross Scheduled Income 83400 Insurance Expense 1225 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing Loan1031 ExchangeFannie Mae Net Operating Income 64560 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 0 Operating Expense 14284 Possession Close Of Escrow Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Trash Expense 500 Vacancy Allowance Rate 3 Water Sewer Expense 500 Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-09T08:24:57.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Hazel Brown of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)