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7234 Allott Avenue
Van Nuys, CA 91405
Sold
A rare opportunity in the heart of Van Nuys awaits! This quadruplex property offers 2,500 rentable square feet on a generous 11,000 square foot lot. With potential to add an ADU plus plans already in place, this is an incredible investment with outstanding growth potential. Three of the units have been fully remodeled and now feature modern convenience with washer and dryer included - making it easier than ever to attract quality tenants. The cap rate sits at 5.1 and GRM at 14.7 - don't miss out on this fantastic opportunity in a booming rental market!
PROPERTY INFORMATION
| MLS # | SR23125657 | Lot Size | 11,003 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,498,000
Price Per SqFt: $ 599 |
DOM | 658 Days |
| Address | 7234 Allott Avenue | Type | Residential Income |
| City | Van Nuys | Sq.Ft. | 2,501 Sq. Ft. |
| Postal Code | 91405 | Garage | 4 |
| County | Los Angeles | Year Built | 1955 |
| Bed / Bath | 2 / 0 | Parking | 8 |
| Built In | 1955 | Status | Closed |
| Sold Date | 2023-09-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Freezer, Disposal, Gas Range, Refrigerator, Water Heater |
| Has Heating | Yes |
| Heating Information | Ductless, Wall Furnace |
| Room Information | Living Room, See Remarks |
| Has Cooling | Yes |
| Cooling Information | Ductless, Wall/Window Unit(s) |
| Flooring Information | Laminate |
| InteriorFeatures Information | Quartz Counters, Recessed Lighting |
| EntryLocation | Street |
| Entry Level | 1 |
| WindowFeatures | Screens |
| SecuritySafety | Carbon Monoxide Detector(s), Smoke Detector(s) |
EXTERIOR FEATURES
| ExteriorFeatures | Lighting, Rain Gutters |
| FoundationDetails | Raised |
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Vinyl, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,598
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/12/2023 | Listed | $1,498,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Ali Eghbal Ketabchi, Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
