Operating under LA County's active Homelessness State of Emergency
Apartment Complex
Asking Price
$4,200,000
1
Community / Group Rooms
Health Space: 1 community/group room
Price
$4,200,000
Type
Apartment Complex
Service Planning Area
SPA 2 - San Fernando
Number of Units
18
Total Bed Capacity
27
Year Built
1985 (re-roofed 2025)
Stories / Floors
2
Square Footage
14,600 sq ft
Unit Style
Apartment Units
HVAC / Cooling
Window Units
Heating
Wall Heaters
Laundry
On Site Shared
Elevator
No
ADA / Accessibility
Partially Compliant
Parking
18 spaces
Community / Common Spaces
Yes
Occupancy Status
Fully Occupied
Listing Type
Voucher Accepted
Condition
Move In Ready
Unit Details (Rooms / Baths)
27 rooms / 18 baths
Van Nuys
Cash-flowing 18-unit Section 8 voucher-accepted property in Van Nuys. Currently 100% occupied with 16 of 18 households on EHV or HCV vouchers, generating $34,200 in stabilized monthly contract rent. Owner is retiring and seeking a mission-aligned buyer who will continue the voucher relationship. Fully ADA-compliant common areas, two ADA units (101, 102), and a recently re-roofed building (2025). All major systems functional, no deferred maintenance. Inspection reports, rent rolls, and HACLA HAP contracts available upon NDA. Below comparable sales by ~9%.
Disclaimer: Ready for Housing does not own properties. Our representatives reach out to property owners on behalf of program participants. Prices and information are subject to change.
Contact for current availability
Direct line to Tasha Williams. Didn't reach them? Submit a placement request below and they'll call back ASAP.
Listed by
Tasha Williams
Affordable Housing Lead
Communication tracked through Ready for Housing.
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