16057 Hartland St , Van Nuys, CA 91406
$1,300,000
Est. Payment: $7,053.77/mo
4 Bed
3 Bath
4210 Sqft
Status: Active | Days on site: 1
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CLW-X75151 - CLW-X89154
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House Description

16057 Hartland Street presents a compelling opportunity to acquire a five-unit multifamily investment in a solid Van Nuys location, offering investors an attractive combination of current income and long-term rental growth. The property features a desirable unit mix of three one-bedroom/one-bathroom units and two three-bedroom/two-bathroom units.The two three-bedroom units were constructed in 2009 and are not subject to the Los Angeles City Rent Stabilization Ordinance (RSO),but are subject to CA State rent control, AB 1482. This allows an investor greater flexibility to capture future rental growth on the property's largest units without the LA City RSO restrictions. Residents enjoy proximity to Lake Balboa, the Sepulveda Basin Recreation Area, major shopping and dining corridors, and some of the San Fernando Valley's most established employment centers.Convenient access to the 405 and 101 Freeways provides connectivity throughout the Valley, Westside and greater Los Angeles. 16057 Hartland Street represents an opportunity to acquire a desirable multifamily asset with combination of two RSO-exempt three-bedroom units, a diversified unit mix, substantial parking and a strong Van Nuys location.

Highlights

Listed by Brett Sanson , 3104358576 Marcus & Millichap , 818-212-2700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.2

Year Built

1946

County

Los Angeles

Area

LKBL - Lake Balboa

Listing ID

26992647

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:0
Appliances:Microwave, Refrigerator
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:7
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Covered,Uncovered
Principal Interest
$7,054
Taxes
$829

Home Price

$1,300,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$260,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,053.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,053.77 $828.75 $0.00 $7,882.52
Yearly $84,645.19 $9,945.00 $0.00 $94,590.19
Total $2,539,355.76 $298,350.00 $0.00 $2,837,705.76

Today's Rates

30 Year

7.19%

20 Year

6.73%

15 Year

6.48%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Van Nuys, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-25T17:04:55.000Z

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