Listing Broker: Real Brokerage Technologies, Inc
Listing Agent: Andrea Megerdichian
License #: 01975185
818-212-7600
Colisting Agent: Karineh Megerdichian
License #: 01836078
The property is offered as an eight (8) three-bedroom and two-and-one-half bath townhouse units build in 2004. The title profile and the LA County Assessors both reflect nine (9) units. The ninth is a one-bedroom, one-bath unit that is unpermitted and currently used as a storage, offering potential for additional rental income. Buyer is to independently verify the status of this space, including permits, completion and any required approvals, which shall be the sole responsibility of the Buyer. Units include granite countertops, refrigerators, in-unit laundry, central A/C and laminate or vinyl flooring. One unit was fully remodeled in 2026 with new kitchen cabinetry, quartz countertops and bathroom vanities. Buyer to verify potential for rent increases across the units. 17 total parking spaces, including side-by-side and tandem. A strong multifamily investment opportunity with spacious units and upside potential. Tenants are currently paying for gas, water, and electricity. Buyer to cooperate with 1031 exchange at no cost to the Buyer. This property is being co-listed with our listing partners Carnahan & Associates CA DRE#00547560. For information, contact Karineh Megerdichian (818)262-4164 KM.Resolutions@msn.com and/or Kinsley Carnahan Genender (818)427-1500-332 kinsleycarnahan@gmail.com
| Listing Id: | GD26216492 |
|---|---|
| List Price: | $2,850,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | MultiFamily |
| Status: | Active |
| Lot Size Square Feet: | 8,756.0 |
| Lot Size Acres: | 0.201 |
| Waterfront?: | No |
| City: | Van Nuys |
| County Or Parish: | Los Angeles |
| Postal Code: | 91411 |
| Year Built: | 2004 |
| Number Of Units Total: | 8 |
| Basement Yn: | No |
| Building Area Total: | 10720.0 |
| Building Area Units: | SquareFeet |
| Common Interest: | CommunityApartment |
| Construction Materials: | Drywall, Frame, Glass, Hardboard, Other, Concrete, Plaster, Stucco |
| Cooling: | CentralAir |
| Cooling?: | Yes |
| Current Financing: | Conventional |
| Current Use: | MultiFamily |
| Directions: | From Van Nuys Blvd, head west on Sylvan St. Property is on the south side of the street. |
| Electric: | ElectricityOnProperty, Standard |
| Entry Level: | 1 |
| Fencing: | Block, ExcellentCondition, WroughtIron |
| Gross Scheduled Income: | $252,600 |
| Heating: | Central |
| Heating?: | Yes |
| Insurance Expense: | $10,235 |
| Laundry Features: | WasherHookup, ElectricDryerHookup, GasDryerHookup, Inside, LaundryCloset |
| Leasable Area Units: | SquareFeet |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Contract Date: | 2026-10-07 |
| Listing Terms: | Cash, CashToNewLoan, Conventional |
| Living Area Source: | Assessor |
| Lot Features: | SixToTenUnitsAcre, Greenbelt, Landscaped, Level, Yard |
| Lot Size Acres: | 0.201 |
| Lot Size Area: | 8756.0 |
| Lot Size Source: | Assessor |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | Vn - Van Nuys |
| Net Operating Income: | $163,302 |
| Number Of Buildings: | 1 |
| Number Of Units Leased: | 8 |
| Operating Expense: | $75,499 |
| Original List Price: | $2,850,000 |
| Parcel Number: | 2241008015 |
| Parking Total: | 17 |
| Postal City: | VAN NUYS |
| Roof: | Flat |
| Security Features: | CarbonMonoxideDetectors, SmokeDetectors, SecurityLights |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories Total: | 2 |
| Trash Expense: | $7,132 |
| Utilities: | CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected |
| Water Source: | Public |
| Property Sub Type Additional: | MultiFamily |
| Current Price: | $2,850,000.00 |
| Country Subdivision: | 06037 |
| Record Signature: | -2,119,055,551 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:2241008015 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 08, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 08, 2026 01:59 PM - PT
Property Last Updated: October 08, 2026 01:59 PM - PT
