Movoto Real Estate
Sold on 08/07/2024

6438 Mammoth Ave, Van Nuys, CA 91401

  • $1,679,268

    Last sold 08/07/2024 for $1.6M

  • 1

    bed

  • 10

    bath

  • 4,504

    Sqft ($355/Sqft)

Multi-family not for sale
Movoto is helping 22 homebuyers near you

About 6438 Mammoth Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 8,259 Sqft
Movoto estimate
Rental estimate
Property description
We proudly present this exceptional opportunity to own an apartment building located in the highly sought-after pocket of Valley Glen. 6438 Mammoth Ave consists of (9) spacious studio + one bath units and (1) one-bedroom + one-bath apartment for a total of 10 legal units. The property has ample onsite parking, recent upgrades including new windows and sliding doors, full copper plumbing, and completion of the soft story retrofit work in 2019. Moreover, the property just adjacent located on 6444 can also be purchased together to own at total of 16 units side by side with no requirement of an onsite manager. Current loan can be assumed with a 4.41% interest rate fully amortized due in 2027 with Chase Commercial loan financing. Priced at only $160k per unit, its proximity to supermarkets, fitness centers, public transportation, hospitals, schools, and more, makes this offering an ideal investment with tons of upside by adding ADUs or enjoying cash flow from its current state!
Listed by
Listing Agent - Enrique Viramontes
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#24-410375 • last updated 1 year ago
Movoto checked The MLS for data 39 minutes ago
Overview
Levels/Style Two
MLS # 24-410375
Type Residential Income
Status Sold
SqFt 4504
Lot Size (SqFt) 8259
Lot Size (Acres) 0.1897
Year Built 1963
Interior
Total # of Baths 10
Total # of Bedrooms 1
Exterior
Parking Desc Covered Parking, Assigned, Uncovered
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LAR3
APN 2238-013-037
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 1900
Unit 1: # Beds 1
Unit 1: Rent 1721
Unit 2: Rent 1059
Unit 2: Furnished No
Unit 2: Projected Rent 15300
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 9534
Unit Type 2106, 2107
Unit 1: Actual Rent 1721
Total # Of Buildings 10
Net Operating Income 85387
Cap Rate 5.34
Vacancy Rate 3%
Gross Income 135055
Gross Operating Income 131003
Gross Rent Multiplier 11.85
Total Annual Expenses 45616
$1.67M
Range: $1.51M-$1.84M
Last 30 days 
Rental est.: $1,733/month
Gross rent multiplier: 76.9
  • Sep 2024
    Public Records
  • Sep 16, 2024 Sold
    $1,600,000
  • Sep 2024
    mls logo MLS # 24-410375
  • Sep 16, 2024 Sold
    $1,600,000
  • Aug 7, 2024 Pending
  • Jul 1, 2024 Listed
    $1,600,000 (-47.1%)
  • May 2024
    mls logo MLS # 24-393001
  • May 16, 2024 Listed
    $3,025,000 (+8.0%)
  • Dec 2019
    mls logo MLS # 19510652
  • Dec 10, 2019 Sold
    $2,800,000
  • Dec 9, 2019 Sold
    $2,800,000 (+89.8%)
  • Sep 19, 2019 Pending
  • Sep 19, 2019 Pending
  • Sep 13, 2019 Listed
    $2,850,000
  • Sep 13, 2019 Listed
    $2,850,000
  • Dec 2019
    Public Records
  • Dec 6, 2019 Sold
    $1,475,000 (-48.2%)
  • 6438 Mammoth Ave
    $1.6M
  • Greater Valley Glen
    $1M -16% y/y
  • 91401
    $1.24M 0% y/y
  • Van Nuys
    $848K -4% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kittridge Street Elementary School
public Grades K-5
Los Angeles Unified School District
3/10
James Madison Middle School
public Grades 6-8
Los Angeles Unified School District
6/10
Van Nuys Senior High School
public Grades 9-12
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Los Angeles County
  • Van Nuys
  • 91401
  • Greater Valley Glen
  • 6438 Mammoth Ave
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