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Listed by Grady Liu • MacroReal Inv Grp Inc.
$ 8,350,000
Est. payment | /mo
44,376 SqFt
$ 8,350,000
Est. payment | /mo
44,376 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 44,376 sqft
Price per Sqft $188
MLS Listing ID CRTR25132998
HOA Y/N No
Year Built 1964
Lot Size 0.747 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional investment opportunity in the heart of Van Nuys! 8070 Langdon Ave is a well-maintained, 40-unit multifamily property offering a desirable mix of oversized 1-bedroom and 2-bedroom floor plans, with select 3-bedroom units. The building spans approx. 44,776 sq ft on a 32,563 sq ft R3-zoned lot. Built in 1964 and partially renovated in 2002, the property features gated access, secure entry, an elevator, on-site laundry, a sparkling pool, and ample parking. Units are spacious and include central A/C & heating, full kitchens with appliances, and private balconies. Fully occupied with stable income and upside potential via RUBS implementation. Ideally located near major freeways (405 & 170), public transit, shopping, dining, and schools. Seismic retrofit completed. An ideal value-add opportunity in a strong rental market!
Location
State CA
County Los Angeles
Interior
Heating Forced Air
Fireplace No
Laundry Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227