Sold Price: $6,750,000 | 29,214 SF Lot | Apartment 29-Units
Built 1978-Certificate of Occupancy 3/26/1979
ADDRESS
7026 Sepulveda Boulevard
Van Nuys, CA 91405
Team Ghobadi of Colliers International is pleased to announce the 29-Unit apartment building located at 7026 Sepulveda Boulevard, Van Nuys, CA is sold. Built in 1978, the Certificate of Occupancy (COO) was issued on March 26, 1979.
This property offers a unit mix of (3) 2-Bedroom/2-Bath, (15) 1-Bedroom/1-Bath and (11) Studios/1-Bath totaling ±20,224 square feet resting on ±29,214 square foot lot. Some of the common area amenities are a shaded central courtyard / barbecue area and a laundry room. In addition, the complex offers 39 gated parking spaces at the rear of the property.
Positioned in a densely populated rental neighborhood, this property is located south of Sherman Way and west of Kester Avenue. Also, Valley Presbyterian Hospital, Van Nuys High School, the 405 Freeway, and Balboa Park are in close proximity to the subject property.
PROPERTY HIGHLIGHTS
• Built in 1978 - Certificate of Occupancy issued 3/26/1979
• LAR3 and Tier 1 (TOC)
• Laundry Room
• Shaded Courtyard with Barbecue Area and a Dining Table
• Secure Parking and Gated Entry
• 39 Parking Spaces
• Separately Metered for Gas and Electricity
• Good Upside Potential
• Some of the Units Have a Balcony
• Within Close Proximity to the Van Nuys Metro Link, 405
Freeway, Valley Presbyterian Hospital, and Balboa Park
BUILDING INFORMATION
Year Built: 1979/COO issued 3/26/1979
Building SF: 20,224
Land SF: 29,214 SF Lot
Number of Buildings: 1
Number of Stories: 2
APN: 2220-009-022
Zoning: LAR3
Building Type: Apartment/29-Units