Property Detail

Description

*Can Be Sold as Portfolio with 6711 Fulton Ave or Separately* Tamarack Real Estate Services is pleased to exclusively present 13846 Bessemer Street, which are a 3-unit apartment complex located in the densely populated Van Nuys submarket of the San Fernando Valley. The property is just north of Oxnard Street, west of Woodman Avenue, and is well situated in a quiet residential neighborhood. Within close proximity are the 101 and 405 Freeways, which provide tenants with major transportation options. Also within walking distance are major employment and education centers. The property, which was constructed in 1949, features on-site parking, outdoor living space, and air-conditioning. The building has a unit mix of 2 two-bedroom units and a 4-bedroom unit. This offering presents an investor an opportunity to own in a populated and appreciating market, with the ability to reposition the asset and achieve aggressive market rents. A notable deal point to strongly consider, is the significant upside potential in rental income.