Multifamily Property with Two
6754 Aldea Ave Unit 2, Van Nuys, CA 91406
For Sale
$1,050,000
An existing duplex and two accessory dwelling units occupy a corner parcel with off-street parking.
Property Size3,302 SF
Days on Market10
Property Features for 6754 Aldea Ave Unit 2
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Equity Los Angeles
Listed By:
Sandy Dunkley · License CA #01832146
(310) 877-1887
Source:
Themalibulife
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 14 at 2:53PM
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 Equity Los Angeles
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Investment Insights
Based on property information with market context.
The property comprises a duplex and two additional accessory dwelling units in multiple buildings. One ADU is a two-storey residence of approximately 1,198 square feet; the other is a detached, single-storey unit. Certificates of Occupancy for both ADUs were issued in August 2025. The property dates to 1948 and is occupied.
Set on a corner lot exceeding 10,000 square feet, the site includes a concrete driveway and off-street parking. Four street addresses are associated with the property: 6754 and 6756 Aldea Avenue, and 17198 and 17200 Vanowen Street.
Set on a corner lot exceeding 10,000 square feet, the site includes a concrete driveway and off-street parking. Four street addresses are associated with the property: 6754 and 6756 Aldea Avenue, and 17198 and 17200 Vanowen Street.
Key Highlights
- Duplex with two additional ADUs across multiple buildings
- Corner lot measuring over 10,000 square feet
- Two‑storey ADU at 17198 with approximately 1,198 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,132
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,640
$1.1M
Cap Rate 7%
$759,029
$759.0K
Cap Rate 9%
$590,356
$590.4K
Market Conditions
NOI Build-Up for 3,302 SF
Gross rent
$105.0K $31.80/SF
− Vacancy
−$8.4K −$2.54/SF
EGI
$96.6K $29.26/SF
− OpEx
−$43.5K −$13.17/SF
NOI
$53.1K $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%
$1,062,640
Cap Rate 7%
$759,029
Cap Rate 9%
$590,356
Alternative Uses
Best Use
Apartment 5plus
$759.0K
$664.2K – $885.5K
NOI $53,132 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.06M
NOI $123,751 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
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Business Placement
Demographics for 91406, CA
53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Van Nuys, CA
Properties on Market for Multifamily properties in Van Nuys
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - An existing duplex and two accessory dwelling units occupy a corner parcel with off-street parking.
Where is this multifamily property located?
The property is located at 6754 Aldea Ave Unit 2 Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Duplex with two additional ADUs across multiple buildings; Corner lot measuring over 10,000 square feet; Two‑storey ADU at 17198 with approximately 1,198 square feet
