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$1,600,000
1 bed
4,504 Sqft
8,259 Sqft lot

6438 Mammoth Avenue, Van Nuys, California 91401

  • Residential Income Property Type
  • 3 Days Time on market
  • $355 Price per sqft
  • 1963 Year Built
Property Description

We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!

Basic Details
Residential Income
Buy
24410375
$1,600,000
1
4,504 Sqft
1963
8,259 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
0
$0
Address
CA
Los Angeles
Van Nuys
91401
6438 Mammoth Avenue
6438
Avenue
0
W119° 34' 4.1''
N34° 11' 16.1''
Additional Information
3
2
2
10
: Two
4,504 Sqft
0 Sqft
0 Sqft
0.19 Sqft
8,259 Sqft
1
0 Sqft
LAR3
2238013037
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
01/07/2024 15:41:36
$0
: Standard
Located on Mammoth Ave between Victory Blvd and Kittridge St
Remax Commercial and Investment Realty
Enrique Viramontes
CLW-X7538301
CLW-X76426
$0
5.34
1
1
0
0
1
10
10
135055
US-06037-N-2238013037-R-N
01/07/2024 22:50:40
Mammoth
VG - Valley Glen
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