Description

Introducing a stunning 2024 new construction 6-unit modern contemporary townhouse property in the heart of Van Nuys. This no-rent-control building features 10,422 sq. ft. of combined living space on a 10,000 sq. ft. lot, offering 21 bedrooms, 21 full bathrooms, 5 powder rooms, and 10 convenient parking spaces. Priced at only $649,000 per unit, this property stands out as one of the strongest investment opportunities in the San Fernando Valley. Each three-story townhouse is separately metered, allowing the landlord to avoid utility expenses and maximize net income. The developer prioritized high-quality construction and modern design, resulting in spacious open-concept living rooms, large dining areas, and gourmet kitchens equipped with stainless steel appliances, quartz countertops, and private balconies. Each unit includes oversized bedrooms, sleek contemporary bathrooms, in-unit laundry, central HVAC, and fully paid-off solar panels for energy efficiency and long-term savings. Located in a high-demand rental corridor near the Van Nuys Courthouse, Ventura Blvd dining and shopping, major freeways (101 and 405), the Metro Orange Line, and nearby hospitals such as Valley Presbyterian, this property attracts young professionals and multi-generational renters seeking modern, accessible living. With strong rental demand, long-term appreciation trends, new-construction tax benefits, low maintenance costs, and a one-year builder fit-and-finish warranty, this property offers exceptional cash-flow potential. Ideal for investors, long-term holds, and 1031 exchanges looking for a secu

Features

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