$1,280,000
-$40,00016037 Gault, Van Nuys CA 91406
Multi-Family (5 Units)
Property type
143 days
On market
$349
Price per sqft
5 cars
Garage
1953
Year built
10,528 sqft
Lot size
Open Houses
Overview
Reduced, Motivated seller, Looking for reasonable offers. Great opportunity to purchase a great apartment building with over 10,500 square feet lot and 5 attached garages for ADU and or expansions to the property. Units have separate gas and electric meters and washer dryer hookups in each unit. 5 cars attached garage plus over 10 more surface parking's. Easy to maintain and...
Listing provided by: Salamand Rassibi DRE #01199409 818-730-1213, Re/Max Luxe
Listing updated: May 22, 2026 at 07:20pm.
Last checked: Jun 3, 2026 at 11:00am
Source: CRMLS #SR26008377
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $1,535 | $1,535 | $2,400 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,771 | $1,771 | $2,400 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,265 | $1,265 | $2,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,535 | $1,535 | $2,000 | Unfurnished |
| 1 | 2 | 1 | 1 | $1,893 | $1,893 | $2,400 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
1.3x
List Price / Annual Gross Rent
Cap Rate
6.21%
NOI / List Price
Gross Scheduled Income: $959,888
Operating Expense: $16,500
Net Operating Income: $79,488
Annual Operating Expenses
Electric: $2,500
Fuel: $0
Insurance: $4,500
Professional Management: $0
Trash: $4,500
Water / Sewer: $4,200
Interior
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Irregular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2224004044
Additional Parcels: No
Tax Lot: 2
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 16037 Gault, Van Nuys, CA 91406. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,024,000
Total Interest
$1,306,056
Total Payment
$2,330,056
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,956
per month
Property History for 16037 Gault
Van Nuys Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91406.
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