Multi Family homes for sale & real estate in 91388, CA

Multi Family Home for sale in 91388, CA:

Development Opportunity in Van Nuys! This R3-zoned property sits on a generous 6,753 SF lot and features a 2-bedroom, 1full bath front residence plus a rear studio with its own full bath, totaling approximately 1,389 SF. A detached 2-car garage provides additional flexibility and may offer potential for ADU conversion. The R3 zoning and lot size offer significant future development potential such as adding ADUs or with preliminary research indicating the possibility of developing up to 8 residential units, buyer to verify with LADBS and the City of Los Angeles. An excellent opportunity for investors, developers, or owner-users looking to maximize the property’s potential.

Multi Family Home for sale in 91388, CA:

Three-unit income property in Panorama City generating $6,915 per month / $82,980 annually in current gross rents. The property has undergone substantial improvements and combines a renovated 3-bedroom main residence with two ADUs. 8353 Costello is a 3-bedroom, 1-bath main house extensively renovated with a newer roof, upgraded plumbing, remodeled kitchen and bathroom, updated flooring and windows, tankless water heater, lighting and interior finishes. 8355 Costello is a 2-bedroom, 1-bath ADU created from the former detached garage with an addition. The unit features its own kitchen, heating and air conditioning, tankless water heater, washer/dryer, separate electrical panel and updated fin

Multi Family Home for sale in 91388, CA:

The property is positioned to appeal to a broad renter base seeking bothconvenience and lifestyle amenities, featuring a community pool, on-sitelaundry facilities, ample on-site parking, and a recycling program thatsupports sustainable living. Gated access enhances resident securityand privacy, while the availability of smoke-free apartment optionsbroadens the property's appeal to a wider range of prospective tenants. Assumable financing adds a compelling advantage for qualified buyers, offering interest rate benefits in the current lending environment.

Multi Family Home for sale in 91388, CA:

MUST READ. .. Non Rent Control - Five individually parceled 3-bedroom, 3-bath townhome-style condominium units with attached garages, each with its own parcel numbers (2237-021-026 through 2237-021-030), offering a unique ownership structure with flexibility not commonly found in the marketplace, including the potential for individual unit sales. Built in 1991 and not currently subject to Los Angeles RSO or AB1482, with no local rent cap, allowing for market-based rental adjustments. Each unit features an attached 2-car garage with direct access, private balcony, central HVAC, in-unit laundry hookups, and separate water heater. All units are individually metered for gas and electricity. One