6438 Mammoth Avenue

Van Nuys, CA 91401

$1,600,000

Sold Price
1

bed Beds

10

shower Baths

4,504 sqft

straighten / sqft

1963

calendar_month Built

Property Description

We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!

Listing Information

Close Price $1,600,000
Close Date Monday, September 16th, 2024
Status Closed
MLS 24410375
Type Residential Income
Year Built 1963
Lot Size 8,259
Structure Size 4,504
DOM 37
Courtesy Of Remax Commercial and Investment Realty
Listing Agent Enrique Viramontes DRE#01372010
Co-Listing Agent Luis Morales DRE#01485986

Interior Features

Total Bedroom
Bedrooms 1
Total Bathroom
Bathrooms 10

Exterior Information

Maps

Listing information courtesy of: Enrique Viramontes, Luis Morales, Remax Commercial and Investment Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 9th, 2024 at 2:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.