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6649 Sepulveda Blvd 13 Unit Apartment Building £2,291,383 (£176,260/Unit) 4.33% Net Initial Yield Van Nuys, CA 91411



INVESTMENT HIGHLIGHTS
- Good Mix
- Laundry Room
- Interior Courtyard
- Approved Plans for 3 Accessory Dwelling Units (ADUs)
EXECUTIVE SUMMARY
The subject property is a 13 unit apartment building located at 6649 Sepulveda Boulevard, Van Nuys, CA 91411. The property was built in 1954 and is located North of Victory Boulevard and South of Vanowen Street. The unit mix consists of one studio/one-bathroom unit, eleven two-bedroom/one-bathroom units, and one three-bedroom/one-bathroom unit. The building has an interior courtyard and there is a laundry room. The Seller shall provide the Buyer with approved plans for 3 accessory dwelling units (ADUs), one one-bedroom/one-bathroom and two two-bedroom/one-bathroom.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
| Price | £2,291,383 | Property Subtype | Apartment |
| Price Per Unit | £176,260 | Apartment Style | Low-Rise |
| Sale Type | Investment | Costar Property Class | C |
| Yield | 4.33% | Total Plot Size | 0.32 ac |
| Gross Rent Multiplier | 13.15 | Property Size | 10,480 sq ft |
| No. Units | 13 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built | 1954 |
| Use Class | RD1.5, Los Angeles - Residential | ||
| Price | £2,291,383 |
| Price Per Unit | £176,260 |
| Sale Type | Investment |
| Yield | 4.33% |
| Gross Rent Multiplier | 13.15 |
| No. Units | 13 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.32 ac |
| Property Size | 10,480 sq ft |
| No. Floors | 2 |
| Year Built | 1954 |
| Use Class | RD1.5, Los Angeles - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 1 | £732.21 | - |
| 2+1 | 11 | £1,138 | - |
| 3+1 | 1 | £1,270 | - |
1 1
Walk Score®
Easily Walkable (77)
PROPERTY TAXES
| Parcel Number | 2234-017-017 | Total Assessment | £1,337,917 |
| Land Assessment | £535,166 | Annual Taxes | -£1 (£0.00/sq ft) |
| Improvements Assessment | £802,751 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2234-017-017
Land Assessment
£535,166
Improvements Assessment
£802,751
Total Assessment
£1,337,917
Annual Taxes
-£1 (£0.00/sq ft)
Tax Year
2025
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6649 Sepulveda Blvd
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