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!
Property Features
Appliances
- Laundry Features: Common Area
Bathrooms
Heating and Cooling
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: Lot 20000-39999 Sqft
- Lot Size Acres: 0.7474
- Lot Size Source: Assessor
- Lot Size Square Feet: 32557
Pool and Spa
- Pool Features: Community, Fenced
Garage and Parking
- Parking Features: Assigned
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Multi-Unit Info
- Number of Units: 40
- Bedrooms in Unit-1: 0
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 3
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 2
- Total Bathrooms in Unit-4: 2
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 2
- Full Bathrooms in Unit-4: 2
- Unit-1 Furnished Description: Unfurnished
- Unit-2 Furnished Description: Unfurnished
- Unit-3 Furnished Description: Unfurnished
- Unit-4 Furnished Description: Unfurnished
- Unit 1 Total Actual Rent: 1447
- Unit 2 Total Actual Rent: 1479
- Unit 3 Total Actual Rent: 1713
- Unit 4 Total Actual Rent: 1812
Rental Info
Amenities and Community Features
- Community Features: Valley
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Source Property Type: Residential Income
- Area: VN - Van Nuys
- Source Neighborhood: VN - Van Nuys
- Number of Separate Electric Meters: 41
- Number of Separate Gas Meters: 41
- Number of Separate Water Meters: 1
- Parcel Number: 2654037019
- Zoning: LAR3
- Property Subtype: Apartment
Building and Construction
- Year Built: 1964
- Building Features: 1
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Ground
- Levels: Three Or More
- Property Age: 61
- Property Attached: Yes
- Levels or Stories: Three Or More
- Building Total Stories: 3
- Elevation Units: Feet
- Year Built Source: Assessor
Utilities
- Sewer: Public Sewer
- Water Source: Public
