14202 Delano Street, Van Nuys, CA 91401

About this property

Sherman Oaks adjacent 6 unit building near Hazeltine Ave and Oxnard St. Excellent unit mix of four 2 bedroom / 1 bath units and two 1 bedroom / 1 bath units, including 1 Section 8 tenant. One 2 bedroom / 1 bath unit to be delivered VACANT! Majority of the units have been updated with modern kitchens, bathrooms, and new flooring. Several capital improvements have also been made including the installation of new windows and upgrades to the building's electrical. Units are separately metered for gas and electric. Secured gated building and 6 carport parking in the back, which may be converted to one or more ADUs. With an upside in rents of over 74%, this building presents an amazing opportunity to invest in a value add building with high potential for appreciation. High-demand rental location in close proximity to the Van Nuys Courthouse, the restaurants and shops along Ventura Blvd (which are minutes away), and with easy access to the 101 and 405 freeways.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,525,000

Sold October 2023 · listed $1,565,000, on market October 2023 · MLS #SR23200057 · Source: CRMLS

Listing Agent: Anie Mayelian · Listing Office: Equity Union · Contact: 818-989-2000 · Bought with: Michelle Crochet · Keller Williams Realty World Media Center

$1,130,000

Sold February 2019 · listed $900,000, on market December 2018 · MLS #18414168 · Source: CRMLS

Listing Agent: Derrick Vartanian · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Subscriber Non · Non-Participant Office

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