$2,000,000 - 15624 Vanowen Street, Los Angeles
- 8Beds
- 4Baths
- 0.47Acres
Los Angeles Home For Sale
This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- Parking Spaces11
- # of Garages1
- ViewNone
- PoolNone
Additional Information
- Date ListedDecember 9th, 2025
- Days on Market5
- ZoningLAR3
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #P1-25149
- Price$2,000,000
- Bedrooms8
- Bathrooms4.00
- Acres0.47
- Year Built1956
- TypeResidential Income
- Sub-TypeApartment
- StatusActive
- Listing AgentCasey Picard
- Listing OfficeKeller Williams Realty
Exterior
- Lot DescriptionSprinklers None
Community Information
- Address15624 Vanowen Street
- AreaVN - Van Nuys
- SubdivisionNot Applicable
- CityLos Angeles
- CountyLos Angeles
- Zip Code91406
Interior
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- FireplacesNone
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- City:
- Los Angeles
- Price Range:
- $695,000 - $3,200,000
- Current Listings:
- 20
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
- City:
- Los Angeles
- Price Range:
- $399,000 - $25,500,000
- Current Listings:
- 1657
- HOA Dues:
- $0
- Average Price per Square Foot:
- $456
Based on information from California Regional Multiple Listing Service, Inc. as of December 14th, 2025 at 7:56pm PST. 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.