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8030 Langdon Ave
Van Nuys, CA 91406 Van Nuys

$5,150,000 USD

Apartments For Sale  •  19,998 SF

Property Details

  • Property Type Apartments
  • Total Building Size 19,998 SF
  • Lot Size 0.63 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 4.64 %
  • Zoning LAR3
46 Transit Score
67 Walk Score

Highlights

Value add property, 33 units, upside in rents.
Well maintained. Good roof, copper plumbing, parking area new paving.
seismic reinforcenment work done.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $238,915 USD (2023)
Cap Rate: 4.64 %
Total Expenses: $254,395 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Courtyard
  • Laundry Facilities
  • Pool
  • Gated
  • Heating
  • Refrigerator
  • Yard
  • Sundeck
  • Freezer

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.2 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.9 mi
AirportDriveWalkDistance
Bob Hope 14 min - 7.3 mi
Los Angeles International 31 min - 22.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Deke Keasbey 310-477-3192 Tierra Properties Realtors
Deke Keasbey 310-477-3192 Tierra Properties Realtors