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Van Nuys Newest Properties

$888,125
3 Beds 4 Baths ACTIVE Status
This 2019 newly constructed gem is nestled in a tranquil environment that is truly an oasis. The tri-level residence boasts a plethora of outstanding features that promise a life of luxury & comfort. Step inside and you are immediately greeted with bright natural light & high-soaring ceilings. Creatively thought through, the first level boasts a spacious living area, a full bath, and a custom-designed under the stair closet space. Double-paned sliding glass doors lead you to a delightful private patio and is fit for entertaining your closest friends and family. Venture to the second/main level, where an open floor plan seamlessly integrates the living, dining, and kitchen areas. Experience many focal points at once with this creative layout. Prepare your favorite dishes from around the world with a plethora of gourmet features; stunning quartz counter tops, unique hand-drawn Spanish tiles, and beautiful custom cabinetry. Not to be forgotten is the extra deep sink and a fabulous Culligan reverse osmosis tankless water filter. This kitchen will elevate your cooking experience to new heights. The main level is also home to a private laundry room and a versatile guest bedroom / office space, complete with an adjacent full bath. Ascending to the top level, the master has an opulent space with a luxurious en-suite bathroom, a separate shower and bath, double sinks, and designer counter tops. A highlight of this sanctuary is a walk-in closet so spacious that you could easily lose yourself in its depths. A third bedroom down the hall comes with its own full bath and ample closet space, both adorned with custom, pet-friendly carpets, ensuring comfort in every step. This home is in a class of it's own, with a remarkably low HOA & designer finishes throughout. The spacious attached two-car garage has an upgraded EV charger, adding not only convenience but also an extra layer of safety. Park and step directly into the comfort of your new home. Conveniently located minutes away from shops, schools, and restaurants, and just a quick drive to all of Ventura Blvd's finest entertainment. This home will go fast, come spoil yourself and call this home today!

14120 W Monroe Pl, Van Nuys

Courtesy of , Jonny Ahdoot - CA DRE#

$2,000,000
12 Beds 8 Baths ACTIVE Status
Because it was constructed in 1986, the property is not subject to Los Angeles Rent Control, instead allowing for larger annual rent increases under California AB1482. A new investor can capitalize on the fact that current rents have ample room for growth, as they currently sit approximately 64% below market rates. Listed at an attractive price per unit and price per square foot, this asset presents an opportunity to add significant value as cash flows rapidly increase due to its higher allowable rent raises. The property is not on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new investor a substantial amount of proceeds. Tenants enjoy ample covered parking, while additional income is provided via the on-site laundry facilities. Situated one block north of Victory Boulevard, between Van Nuys Boulevard and Hazeltine Avenue, the property lies in the heart of Van Nuys. This location allows tenants to be within blocks of the upcoming East San Fernando Valley Light Rail line, with a station planned for the corner of Victory Boulevard and Van Nuys Boulevard. In addition to providing quick transport within the Valley, this light rail line will offer residents convenient connections to both the Metrolink train and the Metro Orange and Red Lines. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.

14239 Gilmore St, Van Nuys

Courtesy of , Roderick 'Rick' Raymundo - CA DRE#

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