$2,985,000
6902 Vesper, Van Nuys CA 91405
Multi-Family (17 Units)
Property type
65 days
On market
$2,985,000
Price per sqft
23 cars
Garage
1971
Year built
13,479 sqft
Lot size
Open Houses
Overview
The property consists of 17 units with approximately 13,122 square feet of improvements situated on a 13,499 square foot lot, originally built in 1971. Per ownership, the property has completed retrofitting and has been recently painted, creating a strong foundation for a value-add investment strategy. Located on a quiet, tree-lined residential street just blocks from Van...
Listing provided by: Arthur Mangassarian DRE #00751703 818-549-9000, Re/Max Tri-City Realty, Zareh Amirian DRE #02254561, Keyes Real Estate
Listing updated: Apr 1, 2026 at 10:57pm.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #GD26066348
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 2 | — | $1,400 | $8,400 | $2,100 | Unfurnished |
| 11 | 1 | 1 | — | $1,100 | $12,100 | $1,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 17
Separate Electric Meters: 17
Separate Gas Meters: 17
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
4.19%
NOI / List Price
Gross Scheduled Income: $250,000
Operating Expense: $125,000
Net Operating Income: $125,000
Annual Operating Expenses
Electric: $38,000
Fuel: $0
Insurance: $20,000
Professional Management: $0
Trash: $12,000
Water / Sewer: $0
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Twenty One To Twenty Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, One Space
Garage Spaces: 23
Parking Total: 23
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2219026062
Additional Parcels: No
Tax Lot: A
Community
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 6902 Vesper, Van Nuys, CA 91405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,388,000
Total Interest
$3,045,762
Total Payment
$5,433,762
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$18,353
per month
Property History for 6902 Vesper
Van Nuys Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91405.
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