CA > Van Nuys
Van Nuys, CA 91401,13921 Bessemer ST
Van Nuys, CA 91401,13921 Bessemer ST
Van Nuys, CA 91401,13921 Bessemer ST
21
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$6,895,000
Est. payment /mo
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40 Beds
23 Baths
20,633 SqFt
Active

13921 Bessemer ST Van Nuys, CA 91401

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Jenny Wu

Jenny Wu

+1(909) 569-8888

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 20,633 sqft

Price per Sqft $334

MLS Listing ID 25516001

Bedrooms 40

HOA Y/N No

Year Built 1963

Lot Size 0.620 Acres

Property Description

This well-maintained asset offers investors a rare opportunity to acquire a clean, upgraded property with significant rental upside and future value-add potential in one of Los Angeles' most in-demand rental markets. Van Nuys is experiencing major revitalization, driven by infrastructure improvements and increasing tenant demand. The upcoming East San Fernando Valley Light Rail Project, running along Van Nuys Boulevard, is set to transform the area by improving connectivity and boosting long-term rent growth. The property is also strategically located near major employment hubs, government offices, shopping centers, and dining options, making it an attractive location for tenants. With easy access to the 405 and 101 Freeways, residents can conveniently reach Sherman Oaks, Encino, Burbank, and the broader Los Angeles area. The property benefits from several major recent improvements, including the completion of all required seismic retrofit repairs (Buyer to verify). The building exterior was painted in recent months, while the new roof was added just two years ago. The clean unit interiors feature upgrades such as wood flooring and granite countertops, while the common area includes a well-landscaped courtyard, on-site parking, and landlord-owned laundry facilities. With 48% rental upside, ADU potential (Buyer to verify), and a prime location in a high-growth corridor, 13921 Bessemer Street presents an exceptional investment opportunity for both long-term investors and value-add buyers looking to capitalize on Van Nuys' ongoing transformation.

Location

State CA

County Los Angeles

Area Vg - Valley Glen

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 23

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2239017024

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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13921 Bessemer ST

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