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$1,495,000
Est. payment /mo
5,658 Sqft Lot
Coming Soon
6407 Whitman Van Nuys, CA 91406
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID SR26216159
HOA Y/N No
Year Built 1948
Lot Size 5,658 Sqft
Property Sub-Type Triplex
Property Description
LAKE BALBOA TRIPLEX | INCOME PROPERTY | INVESTMENT & DEVELOPMENT POTENTIAL
Discover the possibilities at 6407 Whitman Avenue, a three-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. Offering approximately 2,098 square feet of living space on a 5,657-square-foot lot, this property presents an opportunity for owner-occupants, long-term investors, and developers seeking flexibility in the San Fernando Valley.
Whether your vision is to occupy one unit while generating rental income from the others, expand your real estate investment portfolio, or acquire a multifamily asset for long-term wealth building, 6407 Whitman offers multiple avenues to explore. Investors may evaluate rental income, potential appreciation, and available tax benefits with their professional advisors.
Of particular interest to developers and builders, the neighboring property at 6401 Whitman Avenue is separately marketed as a fully entitled, 37-unit affordable housing development opportunity under the City of Los Angeles ED1 program. This creates a distinctive opportunity to explore acquiring neighboring parcels for a potential larger development strategy, subject to separate negotiations, applicable approvals, and independent due diligence.
Conveniently situated near Victory Boulevard, Woodley Avenue, Lake Balboa Park, the Sepulveda Basin Recreation Area, shopping, transportation, and major San Fernando Valley corridors.
Live in it. Rent it. Hold it. Explore its future potential. 6407 Whitman Avenue offers an opportunity to pursue your real estate goals today while considering what tomorrow may bring.
Buyer to independently verify all property information, unit legality, occupancy, rents, zoning, development potential, permits, and feasibility. Adjacent property is separately owned and offered; no combined sale, development approval, or entitlement for the subject property is represented or guaranteed.
Discover the possibilities at 6407 Whitman Avenue, a three-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. Offering approximately 2,098 square feet of living space on a 5,657-square-foot lot, this property presents an opportunity for owner-occupants, long-term investors, and developers seeking flexibility in the San Fernando Valley.
Whether your vision is to occupy one unit while generating rental income from the others, expand your real estate investment portfolio, or acquire a multifamily asset for long-term wealth building, 6407 Whitman offers multiple avenues to explore. Investors may evaluate rental income, potential appreciation, and available tax benefits with their professional advisors.
Of particular interest to developers and builders, the neighboring property at 6401 Whitman Avenue is separately marketed as a fully entitled, 37-unit affordable housing development opportunity under the City of Los Angeles ED1 program. This creates a distinctive opportunity to explore acquiring neighboring parcels for a potential larger development strategy, subject to separate negotiations, applicable approvals, and independent due diligence.
Conveniently situated near Victory Boulevard, Woodley Avenue, Lake Balboa Park, the Sepulveda Basin Recreation Area, shopping, transportation, and major San Fernando Valley corridors.
Live in it. Rent it. Hold it. Explore its future potential. 6407 Whitman Avenue offers an opportunity to pursue your real estate goals today while considering what tomorrow may bring.
Buyer to independently verify all property information, unit legality, occupancy, rents, zoning, development potential, permits, and feasibility. Adjacent property is separately owned and offered; no combined sale, development approval, or entitlement for the subject property is represented or guaranteed.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Fireplace No
Laundry None
Exterior
Parking Features Assigned
Pool None
Community Features Curbs, Suburban, Sidewalks
Private Pool No
Building
Lot Description Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2233006016
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan
Special Listing Condition Standard
Lease Land No

Listed by Filip Crispino Keller Williams Luxury 818-635-6743, DRE #01955402
NEARBY SCHOOL & BUSINESS
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