76% Rental Upside & Value-Add Potential

• Attractive Basis in Prime Van Nuys – Offered at $850,000 ($170,000/Unit) and $244/SF, the asset represents a low-basis entry point for a San Fernando Valley multifamily investment. The pricing is positioned well below replacement cost for the submarket.
• Qualified Opportunity Zone (QOZ) Benefits – Located in a federal Opportunity Zone, this asset offers investors powerful tax incentives, including the deferral of capital gains and the potential for 100% tax-free appreciation on the property’s gain if held for at least 10 years.
• Transit-Oriented & Civic-Centric Location – Located near Van Nuys Blvd and Victory Blvd, the property leverages its TOC Tier 3 status to offer significant development incentives that drive ROI. Located steps from the Metro G-Line and Van Nuys Civic Center, the site is positioned for high-density residential growth, as well as supporting strong rental demand from a stable workforce.
• Efficient Asset Footprint – Built in 1952, the 3,483 SF building sits on a 0.17-acre lot. The unit mix—consisting of three 1+1 and two 2+1 units—is perfectly suited for the high-occupancy “bread-and-butter” rental market of Van Nuys.