Van Nuys, CA 91401,6438 Mammoth AVE
Van Nuys, CA 91401,6438 Mammoth AVE
Van Nuys, CA 91401,6438 Mammoth AVE
Van Nuys, CA 91401,6438 Mammoth AVE
Van Nuys, CA 91401,6438 Mammoth AVE
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$1,600,000

$1,600,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

1 Bed

10 Baths

4,504 SqFt


SOLD DATE : 09/16/2024

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,504 sqft

Price per Sqft $355

MLS Listing ID 24410375

Sold Date 09/16/24

Bedrooms 1

HOA Y/N No

Year Built 1963

Lot Size 8,258 Sqft

Property Description

We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Garage Assigned, Covered, Uncovered

Parking Type Assigned, Covered, Uncovered

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2238013037

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Enrique Viramontes • Remax Commercial and Investment Realty
Bought with Jacob Iloulian • Jacob Iloulian
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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