Van Nuys Property Management

 

Van Nuys, located in the San Fernando Valley, is a dynamic neighborhood within the city of Los Angeles, California. It is known for its diverse population, rich cultural heritage, and economic significance.

Originally settled in the early 20th century, Van Nuys experienced rapid growth after the construction of the Los Angeles Aqueduct which brought in water supply to the area.

Interestingly, Van Nuys was named for Isaac Newton Van Nuys who was a well-known businessman who was crucial to the development of the San Fernando Valley.

Van Nuys seems to be a melting pot of cultures, with a population that really does reflects the diversity of Los Angeles as a whole, i.e., Hispanic, Caucasian, Asian, and African American residents. This diversity is celebrated through cultural festivals, events, and a wide range of ethnic restaurants.

The economic landscape of Van Nuys is diverse and thriving. It is home to a mix of small businesses, industrial complexes, and commercial enterprises. The Van Nuys Airport, one of the busiest general aviation airports in the world, plays a significant role in the local economy, providing employment opportunities and aviation-related businesses.

Van Nuys boasts several notable landmarks and attractions:

• Van Nuys Sherman Oaks Park: A sprawling green space offering sports facilities, playgrounds, and picnic areas for families and outdoor enthusiasts.
• Japanese Garden: An oasis showcasing traditional Japanese landscaping techniques, providing a peaceful escape from the urban hustle and bustle.
• Sepulveda Basin Recreation Area: A vast recreational area encompassing wildlife reserves, golf courses, and a range of outdoor activities.
• Museum of the San Fernando Valley: A cultural institution preserving the history and heritage of the San Fernando Valley, featuring exhibits, artifacts, and educational programs.

Van Nuys is served by a variety of educational institutions, including public and private schools, as well as vocational training centers. Notable establishments include Van Nuys High School and Los Angeles Valley College, which contribute to the community’s commitment to education.

 

Residential & Multi-Family Properties in Van Nuys

The median price for single family homes in Van Nuys is about $800,000. By comparison, the median price for single family homes in Brentwood is also $800,000, $1.7m in Hollywood, $949,000 in Northridge, $814,000 in Reseda, $2.1 million in Tarzana and $1.24 million in Woodland Hills.

If you are considering purchasing a single-family or multi-family home as an investment, Belwood Properties should be on your preferred list of Residential Property Management Companies. Belwood has a 20 year+ track record of exceptional property management service for residential, HOA, and commercial properties.

 

Our Leasing Protocol in Van Nuys

• Advertise
• Show property to prospective tenants
• Thorough screening of prospective tenants
• Creating lease agreements

Our Property Management Protocols in Van Nuys

• Tenant relations
• Maintenance and emergencies (all requests are scheduled and overseen by commercial team)
• Property checks for preventative maintenance (once every 2 weeks)
• Rent collection
• Oversite of all vacancies and preparation
• Updated market reports

Accounting

• Bank reconciliations
• Payment of property taxes, insurance, mortgage, utilities, maintenance, etc.
• Financial and owner reports
• Bookkeeping
• Budget preparation
• Calculation or property expenses and explanation of property expenses
• Collection and processing of asset receipts

 

Condos in Van Nuys

The price for condos and townhomes in Van Nuys is $500,000, about $500,000 to $2.4m in Brentwood, and just under $1m in Hollywood according to RedFin. Northridge, by contrast ranges from $390,000 – $767,000. Reseda’s median price for condos and townhomes is $538,000 compared to $495,000 in Tarzana.

 

HOA Association Property Management in Van Nuys

If you need better HOA association management for your condo or apartment building in Van Nuys, give us a call. HOA Association Property Management in Van Nuys requires the management of dues collection, property maintenance, CC&R enforcement, financials, and much more. Belwood Properties is a HOA property management company known for its exceptional communication with property managers.