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Listed By: The 2-4 Unit Specialists, Elizabeth Maddox, 01921425
Listing Sold By: Voit Real Estate Services
Local Realty Services Provided By: Keller Williams Encino Sherman Oaks
US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14249 Sylvan Street
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US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14249 Sylvan Street
14249 Sylvan Street, Van Nuys, CA 91401
sq ft
ac
US / CA / Los Angeles / Van Nuys Sylvan-Tyrone / 14249 Sylvan Street

14249 Sylvan Street, Van Nuys, CA 91401

Estimation provided by Keller Williams Realty, LLC.
sq ft
ac
Closed
Sold
Open House:
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Property Description

14249 Sylvan St is a 2023 construction 6-unit located less than 5 minutes from Sherman Oaks in the best area of Van Nuys (steps from the Van Nuys Courthouse). This 6-unit is one of the few new construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant building and leasing up all the units yourself… instead, inherit a smoothly running, ultra-high cap rate property with great tenants! The existing cap rate is a whopping 5.67%! At an impossible to beat price per door of $615,833, this will be gone before you know it. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2023 construction!



14249 Sylvan is made up of one large 4 bed, 4 bath tri-level single family residence, four 3 bed, 3 bath tri-level townhomes style units, a 1 bed, 1 bath unit (ADU) with spacious floorplans, and 10 parking spots (8 garage spots & 2 exterior spots). The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, private rear yards, high ceilings, huge walk in closets, balconies off the living space, countless windows everywhere you look allowing for maximum light, natural wood water proof vinyl, and more!



In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Property Details

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Overview
Property Type
Apartment
Property Size
sq ft
Year Built
2023
Days on Site
871 Days
HVAC
Central, Central Air
Parking
10 Parking Spaces
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Activity History

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market snapshot

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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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