14153 Sylvan, Van Nuys, CA 91401
14153 Sylvan, Van Nuys, CA 91401
14153 Sylvan, Van Nuys, CA 91401
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$1,299,000
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8,502 Sqft Lot
Pending

14153 Sylvan Van Nuys, CA 91401

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB26013940

HOA Y/N No

Year Built 1948

Lot Size 8,502 Sqft

Property Sub-Type Mixed Use

Property Description

Exceptional value-add and redevelopment opportunity at 14153 Sylvan St in Van Nuys. This 6-unit income-producing property is currently operating at approximately a 5% cap rate based on current financials.

Preliminary analysis indicates potential to add up to 7 additional units or redevelop the site to approximately 25 units (buyer to verify zoning, density, and development potential with the City of Los Angeles). Pro forma projections suggest cap rate could potentially increase to 6% + with expansion; all projections and assumptions to be independently verified by buyer.

Property will be delivered with tenants in place, providing immediate income. Tenancy reflects stable occupancy (buyer to verify all leases and terms).

Strategically located near the Van Nuys Civic Center, including police station, courthouse, fire department, and convenient access to the 101 Freeway. Attractive $1.299M entry price with strong long-term upside.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Street Lights, Sidewalks

Total Parking Spaces 3

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2240015024

Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

Special Listing Condition Standard


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Listed by Michelle Pentreath Keller Williams Palos Verdes 310.904.9337, DRE #02003396

NEARBY SCHOOL & BUSINESS

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Lee Williams

Lee Williams

Agent | License ID: 01726182

+1(310) 400-6389

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14153 Sylvan