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15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
15624 Vanowen Street, Los Angeles CA 91406
California>Los Angeles>Van Nuys

15624 Vanowen StreetLos Angeles, CA 91406

For Sale

$2,000,000

Smart Buyer Rebate $20,000

This property in Van Nuys, California, presents a prime value-add investment opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,308. The four vacant units have been fully remodeled and are rent ready. In addition, a buyer may elect to build up to eight ADU's (Buyer to verify). The property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

Listed by Casey Picard

·

License #01921866

·

Keller Williams Realty

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(626) 376-9224

Last updated December 09, 2025

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Source: CRMLS #P1-25149

Listing Facts

  • TypeMulti-family
  • NeighborhoodVan Nuys
  • Days on Prevu2

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/09/2025
Listed by Keller Williams Realty
$2,000,000

Property Details for 15624 Vanowen Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Year Built: 1956
  • Common Walls: No Common Walls

Measurements

  • Building Area Total: 6,870
  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.47
  • Lot Size Area: 20,650
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 20,650
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.63
  • Gross Income: $196,500.00
  • Operating Expense: $60,026.00

Taxes

  • Parcel Number: 2234004026

Other

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 26

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Total: 11

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 15624 Vanowen Street.

Does this multi-family home have parking?

Yes, there is 1 parking space available for 15624 Vanowen Street.

How does 15624 Vanowen Street compare to other multi-family homes in Van Nuys?

This multi-family home is listed 1% above the average price for multi-family homes in Van Nuys and has been on the market for 63 less days than the typical home in this area.

15624 Vanowen Street is a -bedroom multi-family home for sale in Los Angeles CA 91406. Available on Prevu for 2 days at $2,000,000. This home is located in Van Nuys. The median listing price for multi-family homes in this area is $1,124,000. Additional amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.