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    13760 Bessemer Street

    Van Nuys, CA 91401
    • $1,429,000
    • STATUS: Active
    • ON SITE: 97 days
    • ID#: 21688392
    Price Reduced
    UPDATED: 28 min ago
    $1,429,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,043
      SQFT
    • $283
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    A well located 6-unit, two-story apartment building located in the desirable community of Valley Glen. It is 100% occupied with low rents which presents upward income potential. This apartment building sits on a quiet residential street and is near transportation and great shopping. The building has a three-year new roof and a two-year new central water heater. The property includes six parking spaces and a separate on-site laundry room. There is additional monthly income from a garage rental and a laundry facility. There are no Section 8 tenants in the building. Additionally, the seismic retrot work has just been completed and, through the Seismic Cost Recovery Program, a buyer can look forward to receiving approximately $54 per tenant, per month which equates to approximately $38,880 over 10 years.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T19:37:51.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/113912869
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    13760 Bessemer Street Van Nuys, CA 91401

    • Price: $1,429,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: 21688392
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,043
    SQFT
    $283
    $/SQFT
    1963
    Built
    Neighborhood:
    VG - Valley Glen
    County:
    Los Angeles
    Area:
    VG - Valley Glen
    Property Description
    A well located 6-unit, two-story apartment building located in the desirable community of Valley Glen. It is 100% occupied with low rents which presents upward income potential. This apartment building sits on a quiet residential street and is near transportation and great shopping. The building has a three-year new roof and a two-year new central water heater. The property includes six parking spaces and a separate on-site laundry room. There is additional monthly income from a garage rental and a laundry facility. There are no Section 8 tenants in the building. Additionally, the seismic retrot work has just been completed and, through the Seismic Cost Recovery Program, a buyer can look forward to receiving approximately $54 per tenant, per month which equates to approximately $38,880 over 10 years.
    Exterior Features

    Architectural Style Mid-Century Modern Carport Spaces 4 Carport YN Yes Number Of Separate Electric Meters 6 Parking Features Attached CarportAssignedDoor-SingleDrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances DisposalRangeRefrigerator Fireplace Features None Fireplace YN No

    Property Features

    Additional Parcels YN No Disclosures Rent ControlSeller Disclosure Gross Income 95686 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 51975 Number Of Separate Gas Meters 6 Number Of Units Leased 6 Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 7974 Vacancy Allowance Rate 0 Zoning Lard2

    Listing provided courtesy of Laura Klein of Kre + Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-12T19:37:51.713. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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