9
See all 9 photos
$1,700,000
Est. payment /mo
6,240 SqFt
Active
5917 Buffalo Avenue Van Nuys (los Angeles), CA 91401
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $272
MLS Listing ID CL25569427
HOA Y/N No
Year Built 1964
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
We are pleased to present 5917 Buffalo Avenue, a five-unit multifamily property located in a quiet, central pocket of Van Nuys, California. With large unit sizes, and a stable rent roll with rental upside, the offering presents a compelling opportunity for yield-focused investors seeking a low-maintenance asset in a supply-constrained infill location. The property is zoned LAR3, fully density compliant, and not subject to seismic retrofit requirements. Built in 1964, the building consists of four two-bedroom, two-bath units and one oversized three-bedroom, two-and-a-half-bath unit averaging1,248 square feet. The three-bedroom unit totals 1,650 square feet, includes a private patio, and will be delivered vacant at close of escrow providing immediate opportunity to capture market rent. Since 2018, ownership has invested heavily in the asset, including new copper plumbing, full electrical replacement, HVAC upgrades, waste line and stack replacement, a new hot water heater (2025), and a new roof. Three units (Units 2, 4, and 5) have been fully renovated with modern kitchens, updated baths, new flooring, and contemporary finishes. Deferred maintenance exposure is minimal. With oversized layouts, upgraded interiors, and a quiet residential setting surrounded by amenities, the property
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2343001048
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Listed by Filip Niculete • Marcus & Millichap
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289