14739 Delano Street Van Nuys, CA 91411
REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6, 908 square feet, stands on a 7, 503 square foot lot and comprises 13 bedrooms and 8 bathrooms, making it a substantial income-generating asset. Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11, 000 per month and a potential escalation to a market rent of up to $21, 000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate. Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stone’s throw away, making it an attractive choice for families. The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines. Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 Delano St, Van Nuys.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site48 Days
- MLS StatusActive
- MLS ID NumberWS23191353
- Home Size Source Assessor
- Year Built1963
- Lot Size0.1722 Acres
- Full Baths8
- Partial BathsN/A
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General Features
- Parking Spaces 2
- Sewer Unknown
- Number of Stories 22
- Acreage 0.1722
- Water Public
- Garage Spaces 2
- Attached Garage Yes
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Fireplace Features None
- Laundry Features Inside
- Fireplace No
Exterior Features
- View Neighborhood
- Pool Features None
- Lot 0-1 Unit/ Acre
Community Features
- Association Dues 0
- Community Features SidewalksStreet Lights
- Senior Community No
- MLS Area VN - Van Nuys