16609 Vanowen Street, Los Angeles, CA 91406

Josh Luchs of CBRE is pleased to present for sale, a 20-unit multifamily building located at 16609 Vanowen St. in Lake Balboa. Constructed in 1973, the ±13,608 square foot property is situated on a ±19,139 square foot lot. It's located just North of Vanowen, between Hayvenhurst and Balboa.The building consists of three Singles, fifteen 1BD/1BA units, and two 2BD/1.5BA units.The property benefits from a central location that's minutes from the Van Nuys Golf Course, The Japanese Gardens, and the Sherman Oaks Galleria.Los Angeles's improving infrastructure and lack of housing supply, has made it one of the most desired rental markets in the country, rivaling New York City and San Francisco.