Mostly updated & oversized units in a very desirable, predominantly single family homes, West Van Nuys(Lake Balboa) neighborhood with plenty of street parking too. Well-located in the heart of the S.F Valley and close to job centers, public transportation & shopping areas. Very close to 405 Frwy to the East, public parks, lake, and golf course too. 100% occupied, with historically high occupancy rates and below market rents that offers upside rent potential for additional income.
Soft story retrofit to protect against E/Q mandated by the City of Los Angeles already completed to code and with permits and fully paid for by Seller.
All showings upon accepted offer only. Please do NOT disturb tenants who are not aware of sale. Buyer to cooperate with Seller in a 1031 Exchange at no cost to Buyer.