Description
We are pleased to present the Delano Street Apartments a charming, bread and butter six (6) unit multifamily investment opportunity located in Van Nuys. The property was built in 1955, consists of four (4) Two Bedroom One Bath Units and two (2) One Bedroom One Bath Units, and is situated on a 7,499 SF lot zoned R-3. Four of the Six Units have been extensively rehabbed with New Kitchens and Bathrooms, High-End Fixtures, New Windows, and more. All units are separately metered for gas and electricity and have individual hot water heaters. There is also an on-site laundry room with washer/dryer hookups where an investor can place their own appliances to generate extra income. There is an electric gate in the front of the property along with 6 carport parking spaces towards the rear of the property. This turnkey multifamily investment opportunity is located within a 10-20 minute drive of main job centers located in Sherman Oaks, Burbank, Glendale and also provides easy access to the Van Nuys Airport, Warner Brothers Center, Sherman Oaks Galleria as well as the 405, 101 and 170 freeways.
Location
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