We are proud to have been selected to exclusively market for sale 29 units located in the neighborhood of Van Nuys, California. The property is comprised of an excellent unit mix of Seven- Studio / 1 Bathroom, Seventeen- 1 Bedroom / 1 Bathroom and Four- 2 Bedroom / 2 Bathroom units. The asset represents a true value-add opportunity with more than 40 percent upside in rents.Van Nuys is located in the central San Fernando Valley region of Los Angeles and is strategically located near pockets of economic and development activity. It is home to the Van Nuys Airport and the Valley Municipal Building, and is the only neighborhood in the San Fernando Valley with a population exceeding 100,000 residents. Additionally, the property is proximate to California State University, Northridge, Premier shopping and dining destinations; including Westfield Topanga, The Village and the Northridge Fashion Center.
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Listing Courtesy ofMarcus & Millichap