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Multifamily

6519 Sepulveda Blvd

6519 Sepulveda Blvd, Los Angeles, CA 91411

Listing Price: $1,800,000

Cap Rate
3.94%
Number of Units
8
Price/Unit
$225,000
Price/Gross SF
$276.37
Gross SF
6,513

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 6519 Sepulveda Boulevard, an eight-unit apartment building located in Van Nuys. Situated on a 9,292 square foot lot, the property features a balanced unit-mix that consists of four one-bedroom units and four two-bedroom units. This unit-mix is well suited to capture the high rental demand in the immediate area. Given the property’s central location in the Valley, upside potential, and balanced unit-mix, 6519 Sepulveda is a great investment opportunity for investors seeking healthy returns over the immediate and long-term investment horizon.

Investment Highlights

  • Over 47 Percent of Rental Upside Through Interior and Exterior Renovations
  • The Property Offers Six Parking Spaces and Ample Street Parking.
  • First Time on the Market in Over 35 Years –a True Generational Asset.
  • Excellent Location in the Heart of the San Fernando Valley that Enables Residents to Experience Short Commute Times to Various Employment Hubs Throughout the Valley.
  • New Ownership Has an Opportunity to Add Additional Units Through the State's Favorable Accessory Dwelling Unit (ADU) Program – Allowing for Added Future Growth and Upside Potential (Buyer to Verify).

Exclusively Listed By

Financing By

Listing Price: $1,800,000

Cap Rate
3.94%
Number of Units
8
Price/Unit
$225,000
Price/Gross SF
$276.37
Gross SF
6,513

Investment Highlights

  • Over 47 Percent of Rental Upside Through Interior and Exterior Renovations
  • The Property Offers Six Parking Spaces and Ample Street Parking.
  • First Time on the Market in Over 35 Years –a True Generational Asset.
  • Excellent Location in the Heart of the San Fernando Valley that Enables Residents to Experience Short Commute Times to Various Employment Hubs Throughout the Valley.
  • New Ownership Has an Opportunity to Add Additional Units Through the State's Favorable Accessory Dwelling Unit (ADU) Program – Allowing for Added Future Growth and Upside Potential (Buyer to Verify).

Investment Overview

Marcus and Millichap, as the exclusive listing agent is pleased to present the opportunity to acquire 6519 Sepulveda Boulevard, an eight-unit apartment building located in Van Nuys. Situated on a 9,292 square foot lot, the property features a balanced unit-mix that consists of four one-bedroom units and four two-bedroom units. This unit-mix is well suited to capture the high rental demand in the immediate area. Given the property’s central location in the Valley, upside potential, and balanced unit-mix, 6519 Sepulveda is a great investment opportunity for investors seeking healthy returns over the immediate and long-term investment horizon.

Exclusively Listed By

Financing By

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