14216 Calvert Street

Van Nuys, CA 91401

  • 8 Bed(s)
  • 0 Bath(s)
  • 5,060 Sqft
  • 6250
    Sqft(Lot)
$1,150,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49993937

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Property Details

  • Bedroom Information

    • Total Bedrooms : 8

    Bathroom Information

    • Total Baths: 7
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1957
    • Building Area Total: 5,060

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1435
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6250

  • Listing Price Information

    • Original List Price: 1,150,000
    • Listing Contract Date: 2025-05-29

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2240024008

  • Garage and Parking

    • Garage Description: Attached Carport
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VN - Van Nuys
    • Directions: East of Tyrone Ave, north of G Line Bikeway, south of Delano St, and west of Hazeltine Ave.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: VN - Van Nuys

    Building and Construction

    • Property Age: 68
    • Year Built Source: Assessor
    • Total Square Feet Living: 5060
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/13/2025 @ 14:18

  • MLS: 25545333
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 5,060 sqft, 6,250 sized lot, and 0 parking. are nearby neighborhoods.