16020 Vanowen Street
Van Nuys, CA 91406
- – beds
- – baths
- – sqft
- 8,499 sqft lot
- 1958 build
- – on site
Located in a high-demand rental market, 16020 Vanowen St offers a rare opportunity to acquire a well-positioned 10-unit multifamily property in the heart of Van Nuys. Featuring a desirable unit mix of ten 1-bedroom, 1-bath units, this asset is ideal for investors seeking steady cash flow with tremendous rental upside. Situated on a major thoroughfare, the property benefits from high visibility, strong tenant demand, and excellent accessibility. The property has been upgraded for long-term durability, including a new roof installed in 2023 and copper plumbing, ensuring minimal maintenance costs for future ownership. Additionally, the building is individually metered for gas and electricity, reducing owner expenses. On-site parking and laundry facilities add to tenant convenience, while the property’s ADU potential presents an exciting value-add opportunity to increase rental income. Strategically located, 16020 Vanowen St provides easy access to major freeways, including I-405 and US-101, allowing for seamless connectivity throughout Los Angeles. Tenants will appreciate the proximity to key shopping and transit destinations, including Van Nuys Costco, Panorama Mall, Van Nuys DMV, and Van Nuys Airport. With strong demand for well-located rental housing in the area, this property is well-positioned for continued appreciation and future income growth. With its prime location, essential upgrades, and long-term investment potential, 16020 Vanowen St is an exceptional opportunity for investors looking to expand their multifamily portfolio. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Last checked:
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Last updated Apr 30, 2025
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MLS# SR25094699 —
The Building
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Year Built:1958
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:4684.00
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Building Area Units:Square Feet
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Total Number Of Units:10
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:10
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# of Separate Water Meters:1
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# of Separate Electric Meters:10
Interior
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Entry Location:1
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Laundry:Common Area
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Laundry:1
Location
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Directions:West Of the 405 Freeway& East of Woodley Ave
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Latitude:34.19356100
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Longitude:-118.48231200
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:6-10 Units/Acre
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Lot Size Area:8499.0000
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Lot Size Acres:0.1951
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Lot Size SqFt:8499.00
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Lot Size Source:Public Records
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1276.05
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Tax Tract:7167
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Tax Lot:28
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2233020005
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
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 |
---|---|---|---|---|
4/29/25
Apr 29, 2025
|
Listed / Active | CRMLS_CA | $1,650,000 |