Log In/Sign Up
Your email has been sent.
Pine Tree Apartments 15022 Vanowen St 24 Unit Apartment Building $7,617,792 CAD ($317,408 CAD/Unit) 5.26% Cap Rate Van Nuys, CA 91405
Investment Highlights
- Convenient Van Nuys Location- Walking Distance to Valley Presbyterian Hospital
- Rental Upside- Currently Two Vacant Units
- Well Maintained Asset- Upgraded Electrical Sub-Panels, Some Units Renovated, Newer Roof and Copper Plumbing (buyer to verify)
- Attractive Metrics- Only $235/SF
Executive Summary
15022 Vanowen Street is a 23,782 square foot apartment community constructed in 1971. Situated in the Van Nuys neighborhood, the property has a combined unit mix consisting of (4) One-Bed/One-Bath units, (13) Two-Bed/One-Bath units, and (7) Two-Bed/Two-Bath units, totaling an average of 881 square feet each.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $7,617,792 CAD | Building Class | C |
| Price Per Unit | $317,408 CAD | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 27,644 SF |
| Cap Rate | 5.26% | Average Occupancy | 92% |
| Gross Rent Multiplier | 9.96 | No. Stories | 2 |
| No. Units | 24 | Year Built | 1971 |
| Property Type | Multifamily | Parking Ratio | 1.34/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R3, Los Angeles | ||
| Price | $7,617,792 CAD |
| Price Per Unit | $317,408 CAD |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| Gross Rent Multiplier | 9.96 |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 27,644 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.34/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,884 CAD | 679 |
| 2+1 | 13 | $2,574 CAD | 900 |
| 2+2 | 7 | $2,622 CAD | 950 |
1 1
Walk Score®
Very Walkable (77)
Property Taxes
| Parcel Number | 2235-006-049 | Improvements Assessment | $2,267,865 CAD |
| Land Assessment | $3,401,802 CAD | Total Assessment | $5,669,667 CAD |
Property Taxes
Parcel Number
2235-006-049
Land Assessment
$3,401,802 CAD
Improvements Assessment
$2,267,865 CAD
Total Assessment
$5,669,667 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Pine Tree Apartments | 15022 Vanowen St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.