1 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411
1 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411

2 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411
2 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411

6 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411
6 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411

1 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411
1 - 6661 Sepulveda Boulevard - Van Nuys, CA 91411

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6661 Sepulveda Boulevard

Van Nuys, CA 91411

SOLD
Property Summary

Price:

Cap Rate:

GRM:

Gross Sq Ft:

Lot Size:

Approx Year Built:

Units:

Price Per Unit:

Price Per Sq Ft:

$975,000

6.17%

10.66

6,843

7,719

1955

7

$139,286

$142

Deal Highlights
  • Sold at 98% of List Price

  • Multiple Offers

  • Entered Escrow Non Contingent

  • 1031 Exchange Buyer

Asset Highlights
  • Great Unit Mix

  • Individually Metered for Water, Gas, and Electricity

  • Multiple Parking Spaces

  • Bright and Spacious Units

  • Dense Rental Pocket of Van Nuys

  • Wall Mounted and Central Air Conditioning Units

  • Located Near Many Employers

Property Description

The subject property is located on 6661 Sepulveda Boulevard between Victory Boulevard and Vanowen Street in the city of Van Nuys. This well-maintained and well-operated, rent controlled, seven-unit apartment building was built in 1955.The unit mix consists of four one-bedroom/one-bathroom units and three two-bedroom/one-bathroom units.

Amenities include ample parking and on-site laundry services. The subject property is within walking distance of local eateries and shopping centers as well as within minutes of the 101 and 405 freeways.