Van Nuys, CA 91401,14216 Calvert St
Van Nuys, CA 91401,14216 Calvert St
Van Nuys, CA 91401,14216 Calvert St
6
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$1,150,000
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8 Beds
7 Baths
5,060 SqFt
New

14216 Calvert St Van Nuys, CA 91401

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,060 sqft

Price per Sqft $227

MLS Listing ID 25545333

Bedrooms 8

Year Built 1957

Lot Size 6,250 Sqft

Acres 0.1435

Property Sub-Type Multi-Family

Property Description

*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. Plans will be provided.*ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment Other

Exterior

Parking Features Carport Attached

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by KW Advisors

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agent

Cassandra Camarillo

Agent | RE.S.0198795.LLC

+1(725) 221-5217

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14216 Calvert St