16153 VANOWEN Street, Van Nuys, CA 91406

$3,915,000
15,246
SqFt
List Price
$3,915,000
Days on Market
16
Status
ACTIVE
MLS#
18311816
Living Area
15,246
Year Built
1962

Property Description

We are pleased to announce the sale of The Lexington, an 18-unit multifamily property in the LAKE BALBOA neighborhood of Van Nuys that has been substantially upgraded in recent years. Situated on a corner lot with excellent visibility, the two buildings occupy an 18,708 square foot lot zoned LAR-3.Much of the building exterior and common area has been heavily updated, with improvements ranging from new exterior paint and a renovated roof to full copper plumbing and LED lighting. The property features new stucco, a new driveway gate, double-paned windows, remodeled laundry rooms, and a new security panel. Numerous energy efficient upgrades were installed, including low flow water fixtures, a variable-speed pool pump, LED exterior lighting, and a timed drip irrigation system, which should benefit the owner and tenants alike.

Additional Information

Area
Lake Balboa (Lkbl)
Stories
2
Interior Features
Other
Heating
Other
Cooling
Air Conditioning

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Roderick "Rick" Raymundo - CA BRE#01357019

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