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Listing Courtesy Of: KW Advisors, 310-482-2200, Kelly Morgan
Local Realty Services Provided By: Keller Williams Encino Sherman Oaks
US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14216 Calvert St
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US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14216 Calvert St
14216 Calvert St, Van Nuys, CA 91401
8 Beds
7 Baths
sq ft
ac
US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14216 Calvert St

14216 Calvert St, Van Nuys, CA 91401

Estimation provided by Keller Williams Realty, LLC.
8 Beds
7 Baths
sq ft
ac
Active
For Sale
Open House:
See More Open House Schedules

Property 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, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. 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.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1957
Days on Site
69 Days
HVAC
Cooling: Window Unit(s), Heating: Wall
Parking
8 Parking Spaces
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Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

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Nearby Schools

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Transit & Commute

Estimated commute times from Van Nuys Sylvan-Tyrone
Car-Dependent Walkable Very Walkable
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