30-Unit Apartment
6363 Tyrone Ave, Van Nuys, CA 91401
For Sale
$14,750,000
Four-story residences include in-unit laundry, a fitness center, a resident lounge, and two parking spaces per unit.
Property Size37,778 SF
Price / SF$390.44
Days on Market162
Property Features for 6363 Tyrone Ave
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Opportunity Zone
Amenities
fitness center
resident lounge
in-unit washer/dryer
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Sperry Van Ness
Listed By:
Daniel Baird · License #01249675
(310) 904-8645
Source:
Carrabbagroup
Added: Jun 1
Changed: Nov 7
Last Checked: Nov 8 at 2:43PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Van Ness
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Investment Insights
Based on property information with market context.
Built in 2020, this four-story apartment property contains 30 three-bedroom, two-bathroom units. Most residences exceed 1,000 square feet and include Samsung stainless steel appliances, including a microwave, range, refrigerator, and dishwasher, as well as a washer and dryer. Shared amenities include a fitness center and resident lounge, and each unit has two parking spaces. The property is located in an Opportunity Zone.
The Van Nuys property is south of Victory Boulevard, between Tyrone Avenue and Sylmar Avenue. I-405 and US-101 are accessible from the area, and the stated Walk Score is 82.
The Van Nuys property is south of Victory Boulevard, between Tyrone Avenue and Sylmar Avenue. I-405 and US-101 are accessible from the area, and the stated Walk Score is 82.
Key Highlights
- 30 apartment units in a four‑story building constructed in 2020
- Three‑bedroom, two‑bathroom layouts; most units are over 1,000 SF
- Two parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$607,878
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,157,560
$12.2M
Cap Rate 7%
$8,683,971
$8.7M
Cap Rate 9%
$6,754,200
$6.8M
Market Conditions
NOI Build-Up for 37,778 SF
Gross rent
$1.20M $31.80/SF
− Vacancy
−$96.1K −$2.54/SF
EGI
$1.11M $29.26/SF
− OpEx
−$497.4K −$13.17/SF
NOI
$607.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,157,560
Cap Rate 7%
$8,683,971
Cap Rate 9%
$6,754,200
Alternative Uses
Best Use
Apartment 5plus
$8.68M
$7.60M – $10.13M
NOI $607,878 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.23M
$17.70M – $23.60M
NOI $1,415,834 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
30
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,786
Businesses Nearby
Explore this area
Business Placement
Demographics for 91401, CA
39,621
Population
15,785
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
3.5 sq mi
ZIP Area
11,320
Density / Sq Mi
$75,933
Median Household Income
$40,119
Median Earnings
$1,800
Median Rent
$988,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Van Nuys, CA
Properties on Market for Apartment buildings in Van Nuys
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Four-story residences include in-unit laundry, a fitness center, a resident lounge, and two parking spaces per unit.
Where is this apartment building located?
The property is located at 6363 Tyrone Ave Van Nuys, CA.
What is the asking price?
The asking price for this property is $14,750,000.
What are key features of this property?
This property features: 30 apartment units in a four‑story building constructed in 2020; Three‑bedroom, two‑bathroom layouts; most units are over 1,000 SF; Two parking spaces per unit
