Available Properties - Valley Apartment Sales

15 units in good Van Nuys rental market
Unit mix consists of (2) 2+2 units, (6) 1+1 units and (7) singles
Substantial in existing rents
Property has copper plumbing, new roof, and the seismic retrofit has been completed. Units have been tastefully redone as the units have turned.
There are approved plans for (2) ADU units. One is a 1+1 and the other is a 2+1. Property is on a large 15,004 square foot lot with substantial frontage

Pride of ownership nine-unit apartment building located in one of the best areas of Burbank
Excellent unit mix of (2) 3+2 units, (5) 2+2 units, and (2) 1+1 units
Beautifully restored and newly remodeled apartments. Spacious units, large balconies, and kitchens feature brand new stainless steel appliances with quartz counter tops
Washer and dryers in every unit
Property features a new main panel, new ABS drains, and a polyurethane foam roof

39 units in prime Toluca Lake Location
Property was built in 1988 and subject to AB 1482 rent control
Excellent unit mix of (10) 1+1 units, (12) 1+2 units, (3) 2+1 units, and (14) 2+2 units. All units on 3rd floor have lofts
12 units are currently vacant and are in rent-ready condition. Buyer has the option to reduce expenses by implementing a RUBS Program
Upside in existing rents
Property features fireplaces, balconies, secured parking, central HVAC units, fitness center, BBQ, pool, and onsite laundry
Property has a 4.315 fixed rate loan in the approximate amount of $5,300,000 fixed until October 2027

4 units in excellent Lake Balboa rental pocket of Van Nuys
Perfect for owner-user or first time investor
Two units have been completely renovated
Property features enclosed garages, an on-site laundry room, and new windows in the renovated units

5 units is great Burbank rental pocket
Property is a single-family residence plus (4) two bedroom two bath townhouse units
Property features copper plumbing and updated kitchen and Bathrooms
Property is centrally located near the 5 freeway, metro link, Disney, Warner Brothers, and Trader Joes

First time on the market in 42 years
Property is two separate assessor parcel numbers and is situated on a 18,480 square foot lot
The property has an excellent unit mix consisting of (8) two-bedroom, one bath units and (4) onebedroom, one bath unit. The units are large and average over 950 square feet
Building has a pitched roof, mostly copper plumbing, and new windows. Units have been upgraded with new flooring as the units have turned
Burbank is subject to AB1482 rent control • Substantial upside in existing rents