Description
An opportunity to acquire 14737 vanowen street, a 6- unit value-add opportunity located in the van nuys submarket of the san fernando valley. 14737 vanowen was built in 1957, is subject to los angeles rent control ("rso") and offers resilient in-place cash flow with upside potential with additional capital outlay. current rents are approximately 18% below market providing a buyer the opportunity to achieve market rents through strategic interior and faade enhancements. the property has been under the same ownership for the past 20+ years and has been well maintained. ownership has made necessary upgrades to buildings systems over the years and modestly upgraded units upon turnover. thus, leaving cosmetic upgrades for a subsequent buyer to upgrade the building to the taste of the modern-day renter. 14737 vanowen features a unique unit mix and is comprised of (4) one-bedroom/one-bathroom units and (2) two-bedroom/one-bathroom units. the building is situated on a 6,401 square foot parcel and is comprised of a (1) two-story walk-up building with a detached carport structure in the rear of the property. additional community amenities included one shared laundry facility with (1washers/1 dryers).
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48702923
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 8
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
Heating Source
- None
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1957
- Building Area Total: 4,223
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.147
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 6403
-
Listing Information
Listing Price Information
- Original List Price: 1,295,000
- Listing Contract Date: 2025-02-24
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2219020009
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Detached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: VN - Van Nuys
- Postal Code Plus 4: 3821
- Directions: Centrally located in Van Nuys, a quiet residential urban community in the heart of the San Fernando Valley. As such, 14737 Vanowen Street provides residents with immediate access to Los Angeles' major freeways including the 101, 405, and 170 Freeways which allows for easy transportation throughout all the San Fernando Valley and Greater LA Region.
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: VN - Van Nuys
Building and Construction
- Property Age: 68
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 4223
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 06/09/2025 @ 14:56
- MLS: 25502609
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 8 bedrooms which is recently sold, it has 4,223 sqft, 6,403 sized lot, and 0 parking. are nearby neighborhoods.