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14435 Hamlin Street

Van Nuys, CA 91401
  • $3,550,000
  • STATUS: Closed
  • ON SITE: 426 Days
  • ID#: SR20209426
Sold - 05/14/2021
$3,550,000
SOLD - 05/14/2021
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,240
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Listing Agent: Brian Hatkoff of Hatkoff Investments and Steven De Vore of


Description

Price just reduced over $200,000! Great medical office building with elevator. 3 floors. 2 above ground level. Low rents for the area. Potential of part owner user with almost 65% potentially available for an owner user through month to month tenants or leases coming due within a year. Well maintained and managed by owner. Elevator motors recently replaced within the last few years at a cost of over $150,000. LED lights throughout. Close to the Van Nuys Civic center and courthouse. Price recently reduced to sell. This will not last. Great potential to raise rents and a great 1031 exchange property.HIGHLIGHTSLow RentsLong Term TenantsWell maintained buildingGreat 1031 exchange propertyClose to Van Nuys Civic CenterPotential owner user building or great with leaving tenants in place

Sold by Brian Hatkoff of Hatkoff Investments.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-06T22:26:15.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/110720331
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14435 Hamlin Street Van Nuys, CA 91401

  • Price: $4,096,427
  • Status: Closed
  • On Site: 426 Days
  • Updated: 29 min ago
  • ID#: SR20209426
0
Beds
0
Baths
0
½ Baths
0.34
Acres
15,240
SQFT
$0
$/SQFT
1951
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
Price just reduced over $200,000! Great medical office building with elevator. 3 floors. 2 above ground level. Low rents for the area. Potential of part owner user with almost 65% potentially available for an owner user through month to month tenants or leases coming due within a year. Well maintained and managed by owner. Elevator motors recently replaced within the last few years at a cost of over $150,000. LED lights throughout. Close to the Van Nuys Civic center and courthouse. Price recently reduced to sell. This will not last. Great potential to raise rents and a great 1031 exchange property.HIGHLIGHTSLow RentsLong Term TenantsWell maintained buildingGreat 1031 exchange propertyClose to Van Nuys Civic CenterPotential owner user building or great with leaving tenants in place
Exterior Features

Lot Features 16-20 Units/Acre Open Parking Spaces 26 Parking Total 26 Roof Flat

Interior Features

Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Buyer Financing Cash To Loan Cap Rate 6.2 Common Interest None Current Financing Conventional Electric Expense 34602 Gross Scheduled Income 414672 Insurance Expense 7328 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 110996 Number Of Units Leased 17 Operating Expense 142690 Property Sub Type Office Special Listing Conditions Standard Tax Annual Amount 45060 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Vacancy Allowance 19258 Vacancy Allowance Rate 5 Water Source Public Zoning C-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-06T22:26:15.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or A|G Amaya Group Real Estate. Licensed in the State of California, USA.
 
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A|G Amaya Group Real Estate
27150 Eucalyptus Ave., Suite A
Moreno Valley CA, 92555
Listing Agent: Brian Hatkoff of Hatkoff Investments and Steven De Vore of