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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Casey Picard • Keller Williams Realty

$ 2,000,000

Est. payment -/mo

Save

Active

15624 Vanowen Street Los Angeles, CA 91406

6,870 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,870 sqft

Price per Sqft $291

MLS Listing ID CRP1-25149

HOA Y/N No

Year Built 1956

Lot Size 0.474 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Exterior

View None

Building

Lot Description Other

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Nearby School & Business

SCHOOLSPROPERTIES

Elementary Schools 20

9

Encino Charter Elementary School

Public | KG - 5
9

Ararat Charter

Public | KG - 5
8

Stagg Street Elementary

Public | PK - 5
8

Lanai Road Elementary School

Public | KG - 5
8

Valley Charter Elementary School

Public | KG - 5
8

Hesby Oaks Leadership Charter

Public | KG - 8
8

Kester Elementary / Magnet

Public | PK - 5
8

Sherman Oaks Elementary Charter

Public | KG - 5
8

Chandler Learning Academy

Public | KG - 5
7

Lorne Street Elementary

Public | KG - 5
7

Ivy Bound Academy of Math, Science, and Technology

Public | 5 - 8
7

Valor Academy Charter

Public | 5 - 8
6

Lemay Street Elementary

Public | KG - 5
6

Valley Alternative Magnet

Public | KG - 12
5

Dearborn Elementary Charter Academy

Public | KG - 5
5

Cohasset Elementary School

Public | KG - 5
5

Noble Avenue Elementary

Public | KG - 5
5

Alta California Elementary School

Public | KG - 5
5

Ranchito Avenue Elementary School

Public | KG - 5
5

Kittridge Street Elementary

Public | PK - 5

Middle Schools 10

6

Magnolia Science Academy 2

Public | 6 - 12
5

Mulholland Middle School

Public | 6 - 8
4

Valley Charter Middle School

Public | 6 - 8
4

Robert Fulton College Prep

Public | 6 - 12
2

Vista Middle School

Public | 6 - 8
1

Van Nuys Middle School

Public | 6 - 8
0

Dubnoff Center for Child Development

Private | 7 - 12
0

Valley High School & Learn

Private | 7 - 12
0

Los Angeles Hebrew High School

Private | 7 - 12
0

Options for Youth-Hermosa Beach, Inc.

Public | 7 - 12

High Schools 14

10

High Tech la

Public | 9 - 12
7

Daniel Pearl Journalism & Communications Magnet

Public | 9 - 12
7

Van Nuys Senior High School

Public | 9 - 12
6

CHAMPS - Charter High School of the Arts - Multimedia and Performing

Public | 9 - 12
5

Birmingham High School

Public | 9 - 12
5

Valor Academy Charter High School

Public | 9 - 12
3

James Monroe High School

Public | 9 - 12
1

Panorama High School

Public | 9 - 12
0

Independence Continuation

Public | 9 - 12
0

Albert Einstein Continuation

Public | 9 - 12
0

Will Rogers Continuation

Public | 9 - 12
0

Cal Burke High School

Public | 9 - 12
0

St Genevieve High School

Private | 9 - 12
0

Notre Dame High School

Private | 9 - 12

School and business data provided by Attom Data.

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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