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Listed by Filip Crispino, DRE #01955402 • Keller Williams Luxury
$ 1,495,000
Est. payment | /mo
5,657 Sqft Lot
$ 1,495,000
Est. payment | /mo
5,657 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26216159
Year Built 1948
Lot Size 5,657 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
LAKE BALBOA TRIPLEX | INCOME PROPERTY | INVESTMENT & DEVELOPMENT POTENTIAL Discover the possibilities at 6407 Whitman Avenue, a three-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. Offering approximately 2,098 square feet of living space on a 5,657-square-foot lot, this property presents an opportunity for owner-occupants, long-term investors, and developers seeking flexibility in the San Fernando Valley. Whether your vision is to occupy one unit while generating rental income from the others, expand your real estate investment portfolio, or acquire a multifamily asset for long-term wealth building, 6407 Whitman offers multiple avenues to explore. Investors may evaluate rental income, potential appreciation, and available tax benefits with their professional advisors. Of particular interest to developers and builders, the neighboring property at 6401 Whitman Avenue is separately marketed as a fully entitled, 37-unit affordable housing development opportunity under the City of Los Angeles ED1 program. This creates a distinctive opportunity to explore acquiring neighboring parcels for a potential larger development strategy, subject to separate negotiations, applicable approvals, and independent due diligence. Conveniently situated near Victory B
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Laundry None
Exterior
Parking Features Assigned Spaces
Pool None
Building
Water District - Public
Others
Tax ID 2233006016
Special Listing Condition Not Applicable
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