14021 Bessemer Street, Van Nuys, CA 91401

  • $855,000
14021 Bessemer Street, Van Nuys, CA 91401
Pending Building Permit
14021 Bessemer Street, Van Nuys, CA 91401
14021 Bessemer Street, Van Nuys, CA 91401
  • $855,000

Overview

Property ID: SR25041034
  • Triplex, Residential Income
  • Property Type
  • 3.0
  • Garages
  • 2330
  • Sqft
  • 1941
  • Year Built

Description

“Exceptional Triplex Opportunity in Van Nuys”. A Prime Investment in a Rapidly Evolving Neighborhood, undergoing significant updates, enhancing the neighborhood and resulting in higher returns of investment. This triplex has a total of 2,330 square feet of living space; A charming front house featuring 2 bedrooms and 1 bath, A two-story rear unit consisting of a 1 bedroom / 1 bath apartment on each floor. Parking is convenient with two uncovered spaces adjacent to the back unit, one parking space behind the front house, and ample street parking available. Each unit has its own gas & electric meter, while a single water meter, paid by the owner. This property offers the potential for an additional unit, increasing its value and rental income. Currently, it yields a favorable rental return with the opportunity to update the rents annually without displacing the current tenants, ensuring a steady income stream. This triplex is a sound investment in a neighborhood poised for growth, offering both immediate and long-term financial benefits.

***DRIVE BY ONLY. Please refrain from disturbing the tenants.

  • Address 14021 Bessemer Street
  • City Van Nuys
  • State/county CA
  • Zip/Postal Code 91401
  • Country US

Details

Updated on May 30, 2025 at 4:51 pm
  • Property ID: SR25041034
  • Price: $855,000
  • Property Size: 2330 Sqft
  • Land Area: 0.155 Acres
  • Garages: 3.0
  • Garage Size: x x
  • Year Built: 1941
  • Property Type: Triplex, Residential Income
  • Property Status: Pending

Additional details

  • Listing Terms: Cash,Conventional,1031 Exchange,FHA
  • Roof: Shingle
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Heating: Floor Furnace,Wall Furnace
  • Flooring: Carpet, Wood
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Parking: See Remarks
  • Community Features: Curbs,Street Lights,Sidewalks
  • Architectural Style: Contemporary

Features

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