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Listed price in listed location currency (USD).
$1,150,000

878

MLS® 25545333

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 5060 sqft
Garage No
HOA Fees 
Taxes 
Days Active 222
Approx. Age 1957
Avg. Price Per Sqft $227
MLS® Number 25545333

Property Address: 14216 Calvert St, Van Nuys, CA, 91401-3469

Average square foot calculated using Size range provided by listing agent.

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. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. 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.
MLS® Number25545333
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1957
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 29, 2025List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
14216 Calvert St, Van Nuys, CA

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