14112 Delano Street, Van Nuys, CA 91401
- $1,600,000
List Agent Steven Kleemann () 818-349-9997 Rodeo Realty; CoList () Courtesy of Selling Office: Rodeo Realty, Steven Kleemann - Selling Agent DRE# and Courtesy of Listing Office Rodeo Realty, Steven Kleemann - Agent DRE#
- Sold Price
- $1,600,000
- List Price
- $1,650,000
- Closing Date
- Mar 05, 2025
- Status
- CLOSED
- MLS#
- SR24242345
- Year Built
- 1991
- Lot Size
- 7,453
- Lot Location
- Front Yard, Garden, Lawn, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Yard
- Days on Market
- 60
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
GREAT OPPORTUNITY on this Pride of ownership 5 unit Condo Style Gated Apartment Building built in 1991. Located in the heart of Van Nuys near City Hall and walking distance to public transportation. 4 of the units are 2 bedrooms plus 1.5 baths. 1 unit is 3 bedrooms and 1.5 baths. Each tenant has 2 parking spaces with a remote controlled security gate. Minimum amount of tenants living in the building. There is a common laundry room. Machines are leased. This updated and well maintained building has a newer roof, newer hot water heater, newer sewer line, all newer building plumbing and all new electrical sub-panels. Exterior was recently painted. Each unit has Central A/C & Heat. All unit's ductwork was recently cleaned. Some of the units have updated laminate flooring with granite countertops. Bedrooms are located upstairs with a full bath and downstairs is the living room with a dining area, kitchen and 1/2 bath. Lots of upside on this opportunity providing for a solid long term investment with immediate added value. Its prime location near public amenities, transportation and shopping adds to its desirability for tenants, ensuring consistent occupancy rates. With additional room for rental increases, this property presents a unique opportunity for investors seeking stable returns and long term appreciation.
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Additional Information
- Appliances
- Free-Standing Range, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater
- Pool Description
- None
- Heat
- Central, Forced Air
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Stucco, Wood Siding
- Roof
- Composition, Shingle
- Sewer
- Public Sewer, Sewer On Bond, Sewer Tap Paid
- Water
- Public
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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.