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13760 Bessemer St

Van Nuys, CA 91401
  • $1,429,000
  • STATUS: Pending
  • ON SITE: 266 Days
  • MLS #: 21-688392
Pending
UPDATED: 38 min ago
$1,429,000
  • 13
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,043
    SQFT
  • $283
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

Description

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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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-28T06:43:26.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/113911553
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13760 Bessemer St Van Nuys, CA 91401

  • Price: $1,429,000
  • Status: Pending
  • Updated: 38 min ago
  • MLS #: 21-688392
13
Beds
0
Baths
0
½ Baths
N/A
Acres
5,043
SQFT
$283
$/SQFT
1963
Built
Neighborhood:
Valley Glen
County:
Los Angeles
Area:
Valley Glen
Property Description
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.
Exterior Features

Carport Spaces Total 4 Covered Parking 6 Cross Streets Woodman And Hazeltine Lot Size Area 7477 Other Structures Other Parking Garage AssignedCarport AttachedDrivewayGarage - 1 Car Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Style Mid-Century Tennis Court None Tennis YN No Total Parking 6

Interior Features

Baths Total 7.00 Cooking Appliances Built-In GasRange Cooling Ceiling FanWall Unit(S) Equipment Garbage DisposalRange/OvenRefrigerator Fireplace Rooms None Heating Wall Gas Laundry Community Laundry Equipment Lease Water Heater Features Central Water Heater

Property Features

ADACompliance No Alley YN No Gross Income 100837 Gross Operating Income 100837 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 59475.00 Number Of Buildings 1 Number Of Units 6 Owner Pays GardenerWater Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays Cable TvElectricityGas Total Annual Expense 41362 Type Of Units Single Level Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Laura Klein DRE#01435968 of Kre + Associates.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-28T06:43:26.65. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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