8070 Langdon Avenue, Van Nuys, CA 91406

List Price
$8,350,000
Status
ACTIVE
MLS#
TR25132998
Year Built
1964
Lot Size
32,557
Acres
0.75
Days on Market
99
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

Exceptional investment opportunity in the heart of Van Nuys! 8070 Langdon Ave is a well-maintained, 40-unit multifamily property offering a desirable mix of oversized 1-bedroom and 2-bedroom floor plans, with select 3-bedroom units. The building spans approx. 44,776 sq ft on a 32,563 sq ft R3-zoned lot. Built in 1964 and partially renovated in 2002, the property features gated access, secure entry, an elevator, on-site laundry, a sparkling pool, and ample parking. Units are spacious and include central A/C & heating, full kitchens with appliances, and private balconies. Fully occupied with stable income and upside potential via RUBS implementation. Ideally located near major freeways (405 & 170), public transit, shopping, dining, and schools. Seismic retrofit completed. An ideal value-add opportunity in a strong rental market!

Additional Information

Pool Description
Community, Fenced
Heat
Forced Air
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
40

Listing courtesy of Listing Agent: Grady Liu (gradyl@macroreal.com) from Listing Office: MacroReal Inv Grp Inc..

Mortgage Calculator

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.