Property Detail
Description
Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,775,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,360. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
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Listing provided courtesy of Casey Picard of Keller Williams Realty. Last updated 2025-07-18 08:11:24.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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