14764 Sylvan St, Van Nuys, CA 91411
14764 Sylvan St, Van Nuys, CA 91411
14764 Sylvan St, Van Nuys, CA 91411
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$3,900,000
Est. payment /mo
16 Beds
20 Baths
8,712 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26773805

Bedrooms 16

Year Built 2007

Lot Size 8,712 Sqft

Property Sub-Type Multi-Family

Property Description

14764 Sylvan Street presents the opportunity to acquire an eight-unit apartment building in Van Nuys featuring spacious two-bedroom, 2.5-bathroom townhome-style units with strong in-place income and additional rental upside. Built in 2007, the property is significantly newer than much of the surrounding multifamily inventory and offers approximately 1,240 to 1,410 square feet per unit, with an average unit size of approximately 1,294 square feet. Current monthly rents total approximately $23,950 compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income potential. Each of the eight units has an individual APN, creating the potential for a future condominium conversion and individual unit sell-off strategy, subject to applicable documentation and approvals. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.

Location

State CA

County Los Angeles

Area East Van Nuys

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Subterranean

Garage Spaces 8.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Matthews Real Estate Investment Services

NEARBY SCHOOL & BUSINESS

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Kirshner Elkin Properties

+1(424) 214-0133

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