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15445 Vanowen St 24 Unit Apartment Building $8,340,622 CAD ($347,526 CAD/Unit) 5.18% Cap Rate Van Nuys, CA 91406

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INVESTMENT HIGHLIGHTS

  • All Electric Meters and panels upgraded in 2025. No Soft Retrofiting is required.Low maintenace
  • Always 100% occupied. Easy to Rent. High traffic area. 2 Driveway access, from Vanowen & Orion.

EXECUTIVE SUMMARY

All Electric Meters and Main panels upgraded in 2025. No Soft Retrofitting is required.Low maintenance. Always 100% occupied. Easy to Rent. High Traffic area. 2 Drive way access, from Vanowen & Orion. Close to Freeways, schools, shopping. Extra large lot 30,109 SQ FT, Rentable building area is 16,808 SQ FT, Total of 24 Units with great combination consisting of 16 Units of 1 Bedroom, 8 Units of 2 Bedrooms. Additional income from 4 laundry stations, 1 at each building. Several units been upgraded.

ATTACHMENTS

OM Final Vanowen

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $595,483 $35.43
Other Income $4,858 $0.29
Vacancy Loss - -
Effective Gross Income $600,341 $35.72
Taxes $81,719 $4.86
Operating Expenses $86,529 $5.15
Total Expenses $168,247 $10.01
Net Operating Income $432,093 $25.71

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $595,483
Annual Per SF $35.43
Other Income (CAD)
Annual $4,858
Annual Per SF $0.29
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $600,341
Annual Per SF $35.72
Taxes (CAD)
Annual $81,719
Annual Per SF $4.86
Operating Expenses (CAD)
Annual $86,529
Annual Per SF $5.15
Total Expenses (CAD)
Annual $168,247
Annual Per SF $10.01
Net Operating Income (CAD)
Annual $432,093
Annual Per SF $25.71

PROPERTY FACTS

Price $8,340,622 CAD
Price Per Unit $347,526 CAD
Sale Type Investment
Cap Rate 5.18%
Sale Condition 1031 Exchange
No. Units 24
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.69 AC
Building Size 16,808 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 1.43/1,000 SF
Opportunity Zone Yes
Zoning R3, Los Angeles

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 16 - -
2+1 8 - -
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 2234-025-017
  • 2234-025-019
Land Assessment
$2,642,185 CAD (2025)
Improvements Assessment
$3,963,281 CAD (2025)
Total Assessment
$6,605,466 CAD (2025)
Annual Taxes
$81,719 CAD ($4.86 CAD/SF)
Tax Year
2024
  • Listing ID: 37295565

  • Date on Market: 2025-08-15

  • Last Updated:

  • Address: 15445 Vanowen St, Van Nuys, CA 91406

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