CA > Van Nuys
Van Nuys, CA 91406,16020 Vanowen Street
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Van Nuys, CA 91406,16020 Vanowen Street
Van Nuys, CA 91406,16020 Vanowen Street
Van Nuys, CA 91406,16020 Vanowen Street
Van Nuys, CA 91406,16020 Vanowen Street
Don Pelletier
Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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$ 1,600,000

$ 1,650,000 3.0%

Est. payment /mo
Sold on 08/14/2025

16020 Vanowen Street Van Nuys, CA 91406

1 Bed

1 Bath

UPDATED:

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR25094699

Sold Date 08/14/25

Bedrooms 1

Property Sub-Type Res Income 2-4 Units

Property Description

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 propertys 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 sou

Location

State CA

County Los Angeles

Zoning Public Rec

Direction West Of the 405 Freeway& East of Woodley Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2233020005

MLS Router / San Diego MLS
Listed by James Antonucci Keller Williams Realty-Studio City
Bought with James Antonucci Keller Williams Realty-Studio City
agent

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

GET MORE INFORMATION

Name
Phone*
Message
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16020 Vanowen Street

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