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    14206 Delano St

    Van Nuys, CA 91401
    • $929,000
    • STATUS: Active
    • ON SITE: 133 days
    • ID#: 20-577108
    $929,000
    • 4
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,068
      SQFT
    • $449
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    pleased to present a multi-unit apartment building for sale in one of the most desirable rental communities in Van Nuys. This property consists of 4 units, each with 1 bedroom and 1 bathroom. The units all have their own electric, gas, and water meters, including a separate water heater for the laundry room. Each unit also has its own parking space. The building is currently fully occupied with month-to-month tenants paying under-market rents, making the purchase of this property a great opportunity for an owner that wishes to occupy one of the units or reposition the property. The land is also zoned LAR3 and designated as TOC Tier 1, which allows a density bonus for developers, making this property a desirable investment opportunity with development potential. This property is located near many major retailers such as Target, Costco, and Best Buy and is centrally located within close proximity to public transportation and major freeways.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T23:42:27.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/105761997
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    14206 Delano St Van Nuys, CA 91401

    • Price: $929,000
    • Status: Active
    • ID#: 20-577108
    4
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,068
    SQFT
    $449
    $/SQFT
    1949
    Built
    Neighborhood:
    East Van Nuys
    County:
    Los Angeles
    Area:
    East Van Nuys
    Property Description
    pleased to present a multi-unit apartment building for sale in one of the most desirable rental communities in Van Nuys. This property consists of 4 units, each with 1 bedroom and 1 bathroom. The units all have their own electric, gas, and water meters, including a separate water heater for the laundry room. Each unit also has its own parking space. The building is currently fully occupied with month-to-month tenants paying under-market rents, making the purchase of this property a great opportunity for an owner that wishes to occupy one of the units or reposition the property. The land is also zoned LAR3 and designated as TOC Tier 1, which allows a density bonus for developers, making this property a desirable investment opportunity with development potential. This property is located near many major retailers such as Target, Costco, and Best Buy and is centrally located within close proximity to public transportation and major freeways.
    Exterior Features

    Lot Size Area 7500 Other Structures None Parking Garage Uncovered Total Parking 4

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S) Equipment Other Heating Wall

    Property Features

    Gross Income 56724 Gross Operating Income 56724 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 32861.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 23863 Type Of Units Quadruplex Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of DRE# of The Blackmar Group Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T23:42:27.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355