$2,850,000
Under Contract14839 Sylvan Street
Van Nuys CA 91411
10,720
SF
Multi-Family
Type
2004
Built
$266/SF
Cost/SF
Listing Agent
Andrea Megerdichian
Listing Agent
DRE #: 01975185
(818) 212-7600Brokerage: Real Brokerage Technologies, Inc
Karineh Megerdichian
DRE #: 01836078
Brokerage: Real Brokerage Technologies, Inc
Location Analysis
About This Property
The property is offered as an eight (8) three-bedroom and two-and-one-half bath townhouse units build in 2004. The title profile and the LA County Assessors both reflect nine (9) units. The ninth is a one-bedroom, one-bath unit that is unpermitted and currently used as a storage, offering potential for additional rental income. Buyer is to independently verify the status of this space, including permits, completion and any required approvals, which shall be the sole responsibility of the Buyer. Units include granite countertops, refrigerators, in-unit laundry, central A/C and laminate or vinyl flooring. One unit was fully remodeled in 2026 with new kitchen cabinetry, quartz countertops and bathroom vanities. Buyer to verify potential for rent increases across the units. 17 total parking spaces, including side-by-side and tandem. A strong multifamily investment opportunity with spacious units and upside potential. Tenants are currently paying for gas, water, and electricity. Buyer to cooperate with 1031 exchange at no cost to the Buyer. This property is being co-listed with our listing partners Carnahan & Associates CA DRE#00547560. For information, contact Karineh Megerdichian (818)262-4164 KM.Resolutions@msn.com and/or Kinsley Carnahan Genender (818)427-1500-332 kinsleycarnahan@gmail.com
Property Information
Property Overview
Commercial - MultiFamily
Property Type
ActiveUnderContract
Status
0.201 acres
Lot Size
8
Total Units
10,720 SF
Square Footage
$265.86/SF
Price per SF
5.73%
Cap Rate
$163K
NOI
2,004
Year Built
2
Stories
17
Parking Total
1.59
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
5.73% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
5.73%
Cap Rate
$163,302
NOI
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CRMLS
MLS# GD26216492
Listed:
Nalren refreshed:
Last updated
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Listed by: Real Brokerage Technologies, Inc
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Advertising Broker: Nalren Corp (CA DRE #02423715)
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.