13631 Vanowen St 12 Unit Apartment Building $2,988,889 CAD ($249,074 CAD/Unit) 6.21% Cap Rate Van Nuys, CA 91405

Well-maintained 12-unit multifamily property located in a desirable residential pocket of Van Nuys within the San Fernando Valley. The two-story building features attractive 1960s construction and a functional unit mix of studios, one-bedroom, and two-bedroom residences, appealing to a wide range of tenants. The property offers gated and secured parking for residents and is situated on a generous lot with an efficient layout.
All units are separately metered for electricity, supporting ease of management, while gas and water are master-metered. Electrical panels are provided by Blakeman Electric, which are accepted by major insurance carriers. Residents benefit from proximity to dining, shopping, and everyday services along Van Nuys Boulevard, as well as convenient access to outdoor recreation at the Sepulveda Basin Wildlife Reserve.
Ideally positioned near the 405 and 101 freeways, the property offers excellent connectivity to North Hollywood, Studio City, Sherman Oaks, and major employment centers throughout the San Fernando Valley. A centrally located apartment community in a strong, established rental market with consistent long-term demand.