714-745-2708

16057 Hartland Street, Van Nuys, CA 91406

$1,300,000 Approx. USD 9 beds, 7 baths
4,210 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Brett Sanson | brett.sanson@marcusmillichap.com
Lic#: 01387480
Broker: Courtesy of Marcus & Millichap
Phone: 3104358576

Agent Remarks

16057 Hartland Street presents a compelling opportunity to acquire a five-unit multifamily investment in a solid Van Nuys location, offering investors an attractive combination of current income and long-term rental growth. The property features a desirable unit mix of three one-bedroom/one-bathroom units and two three-bedroom/two-bathroom units.The two three-bedroom units were constructed in 2009 and are not subject to the Los Angeles City Rent Stabilization Ordinance (RSO),but are subject to CA State rent control, AB 1482. This allows an investor greater flexibility to capture future rental growth on the property's largest units without the LA City RSO restrictions. Residents enjoy proximity to Lake Balboa, the Sepulveda Basin Recreation Area, major shopping and dining corridors, and some of the San Fernando Valley's most established employment centers.Convenient access to the 405 and 101 Freeways provides connectivity throughout the Valley, Westside and greater Los Angeles. 16057 Hartland Street represents an opportunity to acquire a desirable multifamily asset with combination of two RSO-exempt three-bedroom units, a diversified unit mix, substantial parking and a strong Van Nuys location.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26992647

Price: $1,300,000

Beds: 9

Baths: 7

Built in 1946

4,210 sqft

2 stories

0.20 acres

Lot size: 0.2045

County: Los Angeles

Zoning: LAR3

Appliances: Microwave,Refrigerator,Dryer,Washer

Parking description: Covered,Uncovered

Heating/cooling: Central Air,Wall/Window Unit(s)

Heating description: Central,Wall Furnace

MLS area: LKBL - Lake Balboa

Last Updated: 10/1/2026

Days On Market (DOM): 11

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This listing belongs to the LKBL - Lake Balboa MLS area

Lat/Long: 34.195217, -118.483255.
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