$1,500,000

2007-built 4-unit multifamily investment property in Van Nuys, located in the heart of the San Fernando Valley within the City of Los Angeles. Newer than many surrounding apartment buildings and multi-unit properties, this gated complex includes two 3-bedroom, 2-bathroom units and two 2-bedroom, 1.5-bathroom units. Gas and electricity are separately metered for each unit, and tenants pay for their own trash, helping reduce owner-paid operating expenses. The property has an automatic gated entry and a large covered carport with two tandem parking spaces designated for each unit, providing parking for up to eight vehicles. The combination of 2007 construction, larger unit configurations, separate gas and electric meters, tenant-paid trash, gated access, and substantial covered parking makes this a compelling Los Angeles multifamily investment opportunity. Conveniently located in Van Nuys with access to major San Fernando Valley employment centers, shopping, dining, transportation, and surrounding Los Angeles communities. An excellent opportunity for investors searching for a fourplex, apartment building, income property, or multi-unit investment property in the San Fernando Valley. No HOA