Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Forced Air

Exterior

  • Garage

    No

  • Parking

    Assigned

  • Pool

    Yes

  • Pool Features

    Community, Fenced

Area & Lot

  • Lot Size(acres)

    0.7474

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $8,350,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Grady Liu , MacroReal Inv Grp Inc.

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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!

8070 Langdon Avenue

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Related Properties

7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. SELLER WILL CARRY at 4.5% interest-only in year 1, 5.5% interest-only in year 2. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security camera installation, and updated interior lighting. Additionally, there is an opportunity to add Five 1-bedroom/1-bath ADUs without losing adequate parking and potentially increasing annual income by $100,000.Proximity to Major Developments: *East San Fernando Valley Light Rail Transit Project: Approximately 1.5 miles east, this 6.7-mile light rail line along Van Nuys Boulevard is under construction, with completion anticipated in 2031. It will enhance connectivity and transit options in the area.*G Line Busway Improvements: Around 2 miles southeast, the Metro G Line is undergoing a $668 million upgrade, including the construction of elevated stations at key intersections like Van Nuys Boulevard and Sepulveda Boulevard, aiming to improve travel times and reliability. *The Brightly at 6569 Van Nuys Blvd: Located approximately 2.5 miles southeast, this six-story development features 174 residential units and 18,400 square feet of ground-floor commercial space, contributing to the area's revitalization. *Affordable Housing at 6100 Hazeltine Ave: About 3 miles southeast, a seven-story building with 72 affordable units is under development, addressing housing needs and promoting community growth. This offering is ideal for investors seeking a well-maintained asset with value-add potential in a neighborhood poised for continued growth and development. ***Contact us today to request the OM or schedule a private tour.***
#25548685

Van Nuys

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$7,100,000

MLS#: 25548685

 - property

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