6438 Mammoth Avenue

Van Nuys, CA 91401

$3,025,000
Price
20
Beds
16
Baths
9,254 Sq. Ft.
$327 / Sq. Ft.
9,254
Sq. Ft.
$327
per Sq. Ft.

Description

We proudly present this exceptional opportunity which features two separate apartment buildings located in the highly sought-after pocket of Valley Glen. A total of 16 units sit on two adjacent parcels with an impressive lot size of just under 18,000 SF. 6444 Mammoth Ave offers a unit mix of (4) spacious two-bedroom + one-bath apartments and (2) one-bedroom + one-bath units. The sister building, 6438 Mammoth Ave, consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment....We proudly present this exceptional opportunity which features two separate apartment buildings located in the highly sought-after pocket of Valley Glen. A total of 16 units sit on two adjacent parcels with an impressive lot size of just under 18,000 SF. 6444 Mammoth Ave offers a unit mix of (4) spacious two-bedroom + one-bath apartments and (2) one-bedroom + one-bath units. The sister building, 6438 Mammoth Ave, consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment. The property includes tenant amenities such as an onsite laundry facility, ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state.
  1. Listed by Enrique Viramontes • DRE #01372010 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
  2. Listed by Luis Morales • DRE #01485986 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 6438 Mammoth Avenue

Zoning
LAR3
Parcel Number
2238013037
Total Units
16.0
Living Area
9254
Source Living Area
Title Company
Area
Valley Glen (VG)
Vacancy Rate
3%
Lot Size Area
17952

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986
Add your commute
LISTING UPDATED: 05/24/2024 12:01 AM

Property Details for 6438 Mammoth Avenue

StatusActive
MLS #24-393001
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.41 AC / 17,952 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986
Add your commute

Building Information for 6438 Mammoth Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.41 AC / 17,952 SF

Payment Calculator

$18,150 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,509

Property Taxes

$1,641

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6438 Mammoth Avenue

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $236,948
  • Net Operating Income: $151,515.00
  • Gross Income: $244,277
  • Cap Rate: 5.01%
  • Gross Rent Multiplier: $12.38
  • Total Annual Expense: 85433
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1897
  • Lot Size Square Feet: 17952
Parking Details
Parking Details
  • Parking Garage: Assigned, Uncovered, Covered Parking, Carport Detached
  • Total Parking: 16
  • Parking Features: Assigned, Uncovered, Covered, Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,639.00
  • Unit Actual Rent: $6,555.00
  • Unit Projected Rent: $9,600.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,339.00
  • Unit Actual Rent: $4,018.00
  • Unit Projected Rent: $5,700.00
  • Like Units: 3
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,059.00
  • Unit Actual Rent: $9,534.00
  • Unit Projected Rent: $15,300.00
  • Like Units: 9
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $930,292.00
  • Assessed Improvement Percent: 60.0
  • Assessed Land Value: $620,194.00
  • Assessed Land Percent: 40
  • Assessed Total Value: $1,550,486.00

Property History for 6438 Mammoth Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6438 Mammoth Avenue

Taxable ValueLand$620,194Additions$930,292Total$1,550,486
Tax Record2023$19,688 ($1,641 / month)
Home Facts
Total Finished SqFt4,504 SqFtAbove Grade Finished SqFt4,504 SqFtLot Size8,259 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2238-013-037

Schools near 6438 Mammoth Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Kittridge Street Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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6438 Mammoth Avenue is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on May 16, 2024 by Remax Commercial and Investment Realty, it's currently listed at $3,025,000. It has been on the market for a total of 17 days and was last sold on November 20, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Kittridge Street Elementary School, James Madison Middle School and Van Nuys Senior High School. 6438 Mammoth Avenue is a 20-bed, 16-bath, 9,254 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes, DRE #01372010; Remax Commercial and Investment Realty, Luis Morales, DRE #01485986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.