This well-maintained asset offers investors a rare opportunity to acquire a clean, upgraded property with significant rental upside and future value-add potential in one of Los Angeles' most in-demand rental markets. Van Nuys is experiencing major revitalization, driven by infrastructure improvements and increasing tenant demand. The upcoming East San Fernando Valley Light Rail Project, running along Van Nuys Boulevard, is set to transform the area by improving connectivity and boosting long-term rent growth. The property is also strategically located near major employment hubs, government offices, shopping centers, and dining options, making it an attractive location for tenants. With easy access to the 405 and 101 Freeways, residents can conveniently reach Sherman Oaks, Encino, Burbank, and the broader Los Angeles area. The property benefits from several major recent improvements, including the completion of all required seismic retrofit repairs (Buyer to verify). The building exterior was painted in recent months, while the new roof was added just two years ago. The clean unit interiors feature upgrades such as wood flooring and granite countertops, while the common area includes a well-landscaped courtyard, on-site parking, and landlord-owned laundry facilities. With 48% rental upside, ADU potential (Buyer to verify), and a prime location in a high-growth corridor, 13921 Bessemer Street presents an exceptional investment opportunity for both long-term investors and value-add buyers looking to capitalize on Van Nuys' ongoing transformation.
For sale
$6,895,000
13921 Bessemer St, Van Nuys, CA 91401
40beds
23baths
20,633sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$-- Zestimate®
$334/sqft
$-- HOA
What's special
Well-landscaped courtyardGranite countertopsOn-site parkingWood flooring
- 72 days
- on Zillow |
- 85 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 02, 2025 at 06:50am
Listed by:
Roderick 'Rick' Raymundo DRE # 01357019 818-219-6146,
Marcus & Millichap 818-212-2700
Source: CLAW,MLS#: 25516001

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 23
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 20,633
- Total interior livable area: 20,633 sqft
Property
Parking
- Total spaces: 23
- Parking features: Assigned
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.62 Acres
Details
- Additional structures: None
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1963
Community & HOA
Location
- Region: Van Nuys
Financial & listing details
- Price per square foot: $334/sqft
- Tax assessed value: $1,187,735
- Date on market: 3/25/2025
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