8123 Langdon - SALE PENDING

 

8123 Langdon Ave. | Van Nuys, California | 91406

$6,500,000

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ABOUT

  • Property Type: Multifamily Apartments
  • Units: 37
  • Unit Mix: (16) 1+1’s, (3) 2+1’s, (17) 2+2’s, (1) 3+2
  • Rentable Area: 34,016 Sq Ft
  • Land Area: 40,822 Sq Ft
  • Parking: 38 Spaces
  • Parcel Info: 2654-039-001 | Zoning: LAR3
  • Built: 1964

AGENT

 

ADDITIONAL INFORMATION

Prime Location - 1 block south of Roscoe Blvd. between the 405 freeway and Sepulveda Blvd. Minutes away from the Van Nuys Airport, Sepulveda Blvd. and Van Nuys Blvd.

Diverse Unit Mix - This property ranges from 1+1’s to 3+2’s  - predominately 1+1’s (16) and 2+2’s (17)

Large Units - Blended unit measurements come in at 919 square feet each – providing scale to owner and comfortability to tenants

Soft-Story Retrofitting - The property is currently undergoing seismic retrofitting for parking at the rear of building

On-site Amenities - The building’s exterior has a gated entrance, clean landscaping, laundry, alley-access parking and a swimming pool

Strong Rental Market - The Van Nuys area has a growing rental market. There is a high demand for renter occupied housing and up to 37% upside in rents based on future upgrades and turnover

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