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Sold Date11/04/2021
Closed

13760 BESSEMER StreetVan Nuys, California CA91401

Listing ID21688392

5,043 SqFt 0.172 Acres

$1,429,000

A well-located 6-unit, two-story apartment building in the desirable community of Valley Glen. It is 100% occupied with low rents which present upward income potential. This apartment building sits on a quiet residential street and is near transportation and great shopping. The building has a three-year new roof and a two-year new central water heater. The property includes six parking spaces and a separate on-site laundry room. There is additional monthly income from a garage rental and a laundry facility. There are no Section 8 tenants in the building. Additionally, the seismic retrofit work has just been completed and, through the Seismic Cost Recovery Program, a buyer can look forward to receiving $38 per tenant, per month which equates to approimately $27,360 over 10 years.
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