14153 Sylvan, Van Nuys, CA 91401

$1,175,000

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List Agent Michelle Pentreath () Keller Williams Palos Verdes; CoList () Courtesy of Selling Office: Compass, Sahmon Zoughi - Selling Agent DRE# and Courtesy of Listing Office Keller Williams Palos Verdes, Michelle Pentreath - Agent DRE#

Sold Price
$1,175,000
List Price
$1,299,000
Closing Date
Jul 10, 2026
Status
CLOSED
MLS#
SB26013940
Year Built
1948
Lot Size
8,501
Lot Location
6-10 Units/Acre
Days on Market
19
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Two Levels

Property Description

Exceptional value-add and redevelopment opportunity at 14153 Sylvan St in Van Nuys. This 6-unit income-producing property is currently operating at approximately a 5% cap rate based on current financials. Preliminary analysis indicates potential to add up to 7 additional units or redevelop the site to approximately 25 units (buyer to verify zoning, density, and development potential with the City of Los Angeles). Pro forma projections suggest cap rate could potentially increase to 6% + with expansion; all projections and assumptions to be independently verified by buyer. Property will be delivered with tenants in place, providing immediate income. Tenancy reflects stable occupancy (buyer to verify all leases and terms). Strategically located near the Van Nuys Civic Center, including police station, courthouse, fire department, and convenient access to the 101 Freeway. Attractive $1.299M entry price with strong long-term upside.

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
3
Sewer
Public Sewer

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.