13921 Bessemer Street
Van Nuys, CA 91401
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1963 build
- – on site
This well-maintained asset offers investors a rare opportunity to acquire a clean, upgraded property with significant rental upside and future value-add potential in one of Los Angeles' most in-demand rental markets. Van Nuys is experiencing major revitalization, driven by infrastructure improvements and increasing tenant demand. The upcoming East San Fernando Valley Light Rail Project, running along Van Nuys Boulevard, is set to transform the area by improving connectivity and boosting long-term rent growth. The property is also strategically located near major employment hubs, government offices, shopping centers, and dining options, making it an attractive location for tenants. With easy access to the 405 and 101 Freeways, residents can conveniently reach Sherman Oaks, Encino, Burbank, and the broader Los Angeles area. The property benefits from several major recent improvements, including the completion of all required seismic retrofit repairs (Buyer to verify). The building exterior was painted in recent months, while the new roof was added just two years ago. The clean unit interiors feature upgrades such as wood flooring and granite countertops, while the common area includes a well-landscaped courtyard, on-site parking, and landlord-owned laundry facilities. With 48% rental upside, ADU potential (Buyer to verify), and a prime location in a high-growth corridor, 13921 Bessemer Street presents an exceptional investment opportunity for both long-term investors and value-add buyers looking to capitalize on Van Nuys' ongoing transformation.
Last checked:
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Last updated Apr 3, 2025
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MLS# 25516001 —
The Building
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Year Built:1963
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New Construction:No
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Building Area Total:20633.00
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Total Number Of Units:23
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:We are pleased to present 13921 Bessemer Street, a 23-unit (plus one non-conforming unit) multifamily building located in the desirable Valley Glen neighborhood of Van Nuys, a rapidly evolving submarket in the San Fernando Valley.
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Latitude:34.18149200
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Longitude:-118.43620900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:27007.0000
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Lot Size Acres:0.6200
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Lot Size SqFt:27007.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2239017024
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:23.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/2/25
Apr 2, 2025
|
Listed / Active | CRMLS_CA | $6,895,000 |
