$970,000

15840 Vanowen St Van Nuys, CA 91406

$10,000
Closing credit¹
0.2 acres
Condo

Property details

About 15840 Vanowen St

Located in the heart of Van Nuys, 15840 Vanowen St presents an outstanding value-add investment opportunity in a high-demand rental market. This well-maintained 5-unit property features a diverse unit mix of one single, two 1-bedroom, 1-bath units, and two 2-bedroom, 1-bath units, offering strong tenant appeal. Positioned on a major thoroughfare, the property benefits from excellent visibility and accessibility, making it a prime choice for investors seeking steady rental income and long-term appreciation. The building has been upgraded for durability and efficiency, featuring copper plumbing and a new roof installed in 2022, reducing future maintenance costs. Additionally, it is individually metered for gas and electricity, helping to minimize owner expenses. The property includes on-site parking with storage, a sought-after feature that adds convenience for tenants. With a tremendous rental upside, investors have the opportunity to increase cash flow as the Van Nuys market continues to grow. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Strategically located, the property provides easy access to major freeways, including I-405 and US-101, ensuring seamless connectivity to key business hubs and surrounding neighborhoods. Residents will enjoy proximity to essential shopping and transit options, including Van Nuys Costco, Van Nuys Airport, and nearby retail centers. The area's strong rental demand further enhances the property’s investment potential. With its prime location, modern upgrades, and future income growth opportunities, 15840 Vanowen St is a must-see investment for those looking to expand their multifamily portfolio.

Highlights

Home typeCondominium
StatusAccepting Backup Offers
(Active Under Contract)
Lot size0.1952 Acres
Year built1952
ParkingCarport
MLS #SR25076834

Summary

  • MLS Number: SR25076834
  • MLS Name: CRMLS
  • Office Name: Keller Williams Realty-Studio City
  • Office Phone: (818) 381-6601
  • Listing Agent: James Antonucci

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$970,000

15840 Vanowen St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 01, 1994
Home Sold
$170,000

Tax history

YearAssessmentProperty Tax
2024$276,847$4,257
2023$271,420$4,191
2022$266,099$4,029
2021$260,882$3,968
2020$258,208$3,870
2019$253,147$3,741
2018$248,185$3,626
2017$243,319$3,626

History based on county public records data.

Nearby schools

6

Bassett Street Elementary School

Public District KG-5

0.1 mi

15756 Bassett St

2

Columbus Avenue Elementary School

Public District KG-5

0.9 mi

6700 Columbus Ave

4

Cohasset Elementary School

Public District KG-5

1.0 mi

15810 Saticoy St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,430. Residents of Van Nuys, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

33%
<35k
56%
35k-100k
10%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
20%
Single, with Kids
16%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15840 Vanowen St

This home is located at 15840 Vanowen St in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $970,000.

In March 2025 more than 302 listings in Van Nuys, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. Between February and March 2025, Van Nuys, CA real estate market has seen increase in the number of listings by 13.7%. In March 2025 median list price was $940,937 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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