Welcome to 6719 1/2 Gloria Avenue in Van Nuys! This exciting residential income opportunity presents a duplex with two identical units, offering a total of 2,625 square feet of living space on a sprawling 11,913 square foot lot. There are 6 bedrooms and 4 bathrooms total. Upon entering each unit, you'll find a spacious living room with hardwood floors, recessed lighting, and a cozy fireplace. Adjacent to the living room is the kitchen, which features tiled floors, modern appliances, and ample storage and counterspace. Each unit offers a first-floor bedroom and a well-appointed full bathroom. Upstairs, two additional bright and airy bedrooms await, accompanied by a full bathroom. One of the upstairs bedrooms boasts a balcony for enjoying fresh air. These units are equipped with in-unit washer and dryer for added convenience. Head outside to discover a large covered patio, perfect for outdoor cooking and entertaining. Each unit also has its private backyard. Conveniently situated in Van Nuys, these units enjoy proximity to Lake Balboa, schools, shopping, and dining. Don't miss the opportunity to make 6719 1/2 Gloria Avenue your new home or investment.
REFINED PRICING! 5% CAP WITH % UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 13 bedrooms and 8 bathrooms, making it a substantial income-generating asset.Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment.With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth.The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate.Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones throw away, making it an attractive choice for families.The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines.Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 DelanoSt,VanNuys.
Need a ADU/Guest House! We have Two ADU's! This Delightful Lake Balboa Home Featuring Four Bedrooms, & Two Bathrooms, Open Floor Plan, & a Spacious Family Room with an Updated Kitchen. The Kitchen Offers Granite Countertops, an Abundance of Cabinets for Storage. & a Formal Dining Room. Large Master Bedroom, Updated Bathrooms with Custom Tile Showers & New Vanities. Two Additional Oversized Bedrooms with Large Closets. Indoor Laundry Room, Beautiful Crown Molding, & Spanish Tile Flooring Throughout. Home Includes 2 Detached Permitted Recreational Units/Guest House with their Own Bathrooms & Kitchen. The Front Yard Features Mature Luscious Green Landscaping with Large Palm Trees. Oversized Carport/Workshop in the Back Yard, & Fully Fenced. Come See Why It's Not Just a House, It's Your Home!
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Based on information from CRISNet MLS as of 4/18/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
