16153 Vanowen Street Van Nuys, CA 91406
We are pleased to announce the sale of The Lexington, an 18-unit multifamily property in the LAKE BALBOA neighborhood of Van Nuys that has been substantially upgraded in recent years. Situated on a corner lot with excellent visibility, the two buildings occupy an 18,708 square foot lot zoned LAR-3.Much of the building exterior and common area has been heavily updated, with improvements ranging from new exterior paint and a renovated roof to full copper plumbing and LED lighting. The property features new stucco, a new driveway gate, double-paned windows, remodeled laundry rooms, and a new security panel. Numerous energy efficient upgrades were installed, including low flow water fixtures, a variable-speed pool pump, LED exterior lighting, and a timed drip irrigation system, which should benefit the owner and tenants alike.
|a month ago||Listing updated with changes from the MLS|
|3 months ago||Price changed to $3,850,000|
|4 months ago||Status changed to Active|
|4 months ago||Price changed to $3,915,000|
|4 months ago||Listing first seen online|
This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Visit RubyHome’s articles for sellers for more information about selling your home.
Check out RubyHome’s articles for buyers for more information about buying a home.
Real Estate Terms
Visit our real estate glossary for more real estate and financing terminology.