Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2641

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,700,000

  • Sq. Footage

    5, 514

  • Price/SqFt

    $308

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Daniel Withers , Matthews Real Estate Investment Services

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Matthews is pleased to present 7344-46 Ventura Canyon Ave, an 8-unit multifamily investment opportunity located in the strong rental market of Van Nuys, CA. Built in 1962, the property features a desirable mix of one-bedroom and two-bedroom floorplans designed to appeal to a broad tenant base. Spanning 5,514 square feet across a 0.26-acre lot, this well-maintained asset offers a rare combination of scale and stability in one of the San Fernando Valley's most active submarkets.The property is ideally situated on a quiet residential street just south of Sherman Way and west of Van Nuys Blvd, placing tenants within close reach of major transit lines, grocery stores, daily conveniences, and recreational amenities. Residents enjoy quick access to the 405 and 101 Freeways, the Van Nuys Metrolink and Amtrak Station, and are minutes from Valley Presbyterian Hospital and the Sepulveda Basin Recreation Area. The nearby Sherman Oaks Galleria, Lake Balboa, and Ventura Boulevard corridor further enhance the lifestyle appeal for tenants.This 8-unit building presents a compelling opportunity for investors seeking reliable income, long-term appreciation, and the ability to benefit from continued growth in Los Angeles' core rental market.

7346 Ventura Canyon Avenue

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We are proud to represent this 6 unit apartment building in Van Nuys.



The property was built in 1966. Its unit mix consists of (2) 1+1 units, (2) 2+1 units, and (2) 3+2 units. With a lot size of 6,000 square feet, the property has a total of 5,460 rentable square feet. 



The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
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A Trophy Investment in Lake Balboa. This fully occupied six-unit property combines an original fourplex with two brand-new ADUs designed for today's renter, offering central air, in-unit laundry, and premium finishes. Priced at approximately $270K per unit, the asset is aligned with the best comps while delivering far greater upside. With a current GRM of ~15.2 and a clear path to ~10.2 at market rents, investors gain both immediate stability and significant future growth. The unit mix includes two 2BR/1BA and two 1BR/1BA residences in the original fourplex, along with a full 2BR/1BA ADU and a junior studio ADU. Ownership has implemented consistent rent growth and meaningful upgrades, while also leaving additional opportunity through the potential conversion of bonus rooms in the 2BR units into third bedrooms. Current operations reflect a cap rate just under 5%, with the ability to reach 7%+ as rents continue to align with market. Lake Balboa is trending upward fast, with consistent appreciation and increasing demand solidifying its place as one of Los Angeles's most promising submarkets. This property offers the rare balance of reliable cash flow and meaningful equity growth, set within a thriving neighborhood surrounded by Woodley Lakes Golf Course, the Sepulveda Basin, The Japanese Garden, and Balboa Lake, with effortless access to the 405 and 101.
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Welcome to 17443 Valerio Street, a brand-new construction duplex in the heart of Lake Balboa, offering two fully detached homes on one lot. This thoughtfully designed property is ideal for investors, multi-generational living, or owner-users looking to offset their mortgage with rental income. The front home is a spacious 3-bedroom, 2-bathroom single-story residence with 1,497 square feet of living space. It features an open-concept layout, abundant natural light, and a beautifully crafted custom kitchen with one-of-a-kind finishes that set it apart from typical new builds. The attention to detail and modern design throughout give the home both warmth and sophistication.The rear unit is a fully detached, two-story 2-bedroom, 2-bathroom ADU totaling 1,036 square feet. With its own private entrance, this unit offers excellent separation of space, making it ideal for extended family, guests, or rental income. Like the main home, it also features stylish, high-quality finishes and a modern layout. Additional features across both homes include central HVAC, recessed lighting, energy-efficient windows, and dedicated outdoor areas.Located on a quiet residential street in Lake Balboa, this property is close to parks, schools, shopping, and major freeways. 17443 Valerio Street presents a rare opportunity to own two brand-new homes with distinctive design and strong income potential in one of the Valley's most desirable neighborhoods.
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Matthews is pleased to present 7348 Ventura Canyon Ave, a 7-unit multifamily property located in the desirable Van Nuys neighborhood of Los Angeles, CA. Constructed in 1962, this well-kept asset consists of a unit mix of one-bedroom and two-bedroom layouts, ideal for attracting a broad range of tenants from working professionals to small families. The building encompasses 4,695 square feet and is situated on a 0.17-acre lot, offering both functional space and long-term investment appeal.The property benefits from a central location in the San Fernando Valley, with close proximity to key amenities including Valley Presbyterian Hospital, the Van Nuys Civic Center, and the Van Nuys Metrolink/Amtrak Station. Easy access to the 405 and 101 Freeways enhances regional connectivity, while local attractions such as the Sepulveda Basin Recreation Area, Lake Balboa Park, and the Sherman Oaks Galleria provide tenants with ample lifestyle and leisure opportunities. Retail corridors along Van Nuys Blvd and Ventura Blvd offer a variety of dining, shopping, and service conveniences.With strong rental demand and continued growth in the surrounding area, 7348 Ventura Canyon Ave represents a compelling opportunity for investors seeking stable income and value appreciation in a high-demand Los Angeles submarket.
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INCREDIBLE INVESTMENT OPPORTUNITY! 6 UNIT Apartment Building located in the wonderful city of Van Nuys. Convenient to a beautiful residential neighborhood,  a walkable community for shopping, restaurants and centrally located to 405 & 101 Freeways. Vacancy is rare due to the location and uniqueness of this property. Bring your offer, motivated Sellers!
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Located at 14206 Calvert St in Van Nuys, this vacant 5-unit multifamily building presents a rare RTI opportunity for a 9-unit expansion, including conversion of units and the addition of an ADU. Two of the top-floor 1+1 units have already been tastefully upgraded (photos shown), with permits fully pulled for conversion of the remaining three units and the addition of three more (including the ADU). Once complete, the property is projected to achieve a 9.36% Cap Rate.Situated near major transportation corridors and job hubs, and surrounded by rapid development, this property is ideal for investors looking to maximize yield through intelligent repositioning. With all plans RTI and the property delivered vacant, you can start construction immediately and capture rental upside in one of the San Fernando Valley's most active submarkets.Potential ARV (Resale Value) after Upgrades/ADU @ 6% Cap $3,075,000 OR Refi Out Most of Your Capital After Upgrades/ADU$2,080,000
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