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6902 Vesper Ave, Van Nuys, CA, 91405

23beds
23baths
1sqft
$2,985,000
$2,985,000price/sqft
$17,760/moest. monthly cost
$710,400/yrincome needed

About This Home

The property consists of 17 units with approximately 13,122 square feet of improvements situated on a 13,499 square foot lot, originally built in 1971. Per ownership, the property has completed retrofitting and has been recently painted, creating a strong foundation for a value-add investment strategy. Located on a quiet, tree-lined residential street just blocks from Van Nuys Boulevard, the property benefits from close proximity to major transportation corridors, public transit, shopping, and civic amenities throughout central Van Nuys. The current unit mix includes • 11 one-bedroom units • 6 two-bedroom, two-bath units The six larger units were created by combining pairs of one-bedroom units, and the secondary kitchens remain in place, currently used as storage or additional sleeping areas. Based on the current configuration, there may be potential for a future owner to re-separate these units and explore additional unit creation, along with possible ADU opportunities, offering meaningful long-term upside.

Getting Around

84
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

Construction

Condition

  • Year built: 1971

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 23
  • Bathrooms: 23

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 1
  • Total interior livable area: 1 sqft

Property

Details

  • Parcel number: 2219026062
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 0.31 Acres
  • Features: 21-25 Units/Acre

Parking

  • Total spaces: 23
  • Parking features: Assigned,One Space
  • Has garage: Yes
  • Attached garage spaces: 23
  • Covered spaces: 23