14202 Delano Street, Van Nuys, CA 91401
- $1,525,000
List Agent Anie Mayelian () Equity Union; CoList () Courtesy of Selling Office: Keller Williams Realty World Media Center, Michelle Crochet - Selling Agent DRE# and Courtesy of Listing Office Equity Union, Anie Mayelian - Agent DRE#
- Sold Price
- $1,525,000
- List Price
- $1,565,000
- Closing Date
- Oct 27, 2023
- Status
- CLOSED
- MLS#
- SR23200057
- Year Built
- 1955
- Lot Size
- 7,502
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Sherman Oaks adjacent 6 unit building near Hazeltine Ave and Oxnard St. Excellent unit mix of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units, including 1 Section 8 tenant. One 2 bedroom / 1 bath unit to be delivered VACANT! Majority of the units have been updated with modern kitchens, bathrooms, and new flooring. Several capital improvements have also been made including the installation of new windows and upgrades to the building's electrical. Units are separately metered for gas and electric. Secured gated building and 6 carport parking in the back, which may be converted to one or more ADUs. With an upside in rents of over 74%, this building presents an amazing opportunity to invest in a value add building with high potential for appreciation. High-demand rental location in close proximity to the Van Nuys Courthouse, the restaurants and shops along Ventura Blvd (which are minutes away), and with easy access to the 101 and 405 freeways.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
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