Van Nuys, CA 91406,15405 Vanowen ST
Van Nuys, CA 91406,15405 Vanowen ST
Van Nuys, CA 91406,15405 Vanowen ST
Van Nuys, CA 91406,15405 Vanowen ST
Van Nuys, CA 91406,15405 Vanowen ST
Van Nuys, CA 91406,15405 Vanowen ST
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$ 5,350,000
Est. payment | /mo

20 Beds

30 Baths

19,532 SqFt


Save
$ 5,350,000
Est. payment | /mo
Save

20 Beds

30 Baths

19,532 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 19,532 sqft

Price per Sqft $273

MLS Listing ID 25493379

Bedrooms 20

HOA Y/N No

Year Built 1960

Lot Size 0.525 Acres

Property Description

HUGE PRICE REDUCTION! 15405 Vanowen is being offered at a 10.46 GRM and 5.68% cap rate with low rents - 39% upside in rents. Great price per unit of $178,333 and price per foot of $273.91. Gated parking and secured entrance for tenant security. Close proximity to freeways for convenience of travel to work and school. Large lot of 22,873 square feet zoned LAR3. The building is fully occupied, so please do not disturb the tenants. All showings are subject to an accepted offer.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Story 3

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2234025013

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Chase Simonton • RE/MAX One

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

MORTGAGE CALCULATOR

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