14837 Delano Street

    Van Nuys, CA 91411
    • $1,800,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 19500754
    UPDATED: 189 min ago
    $1,800,000
    • 14
      BEDS
    • 0.17
      ACRES
    • 8
      BATHS
    • 0
      1/2 BATHS
    • 6,489
      SQFT
    • $277
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are proud to present these 8 units located at 14837 Delano Street in Van Nuys, California. The property is comprised of an excellent unit mix of One- Studio / 1 Bathroom unit and Seven- 2 Bedroom / 1 Bathroom units. The offering is situated on a 7,503-square foot lot with 6,489-square foot of gross rentable area and features individual meters for gas and electricity and copper plumbing throughout. With rents approximately 27% below market, this investment provides a savvy investor the opportunity to raise rents to market and achieve greater cash flow.Van Nuys is located in the central San Fernando Valley region of Los Angeles and is strategically located near pockets of economic and development activity. It is home to the Van Nuys Airport and the Valley Municipal Building and is the only neighborhood in the San Fernando Valley with a population exceeding 100,000 residents.

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    Based on information from CARETS as of 2019-10-18T23:51:08.33. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/98035884

    14837 Delano Street Van Nuys, CA 91411

    • Price: $1,800,000
    • Status: Active
    • Updated: 189 min ago
    • ID#: 19500754
    14
    Beds
    8
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,489
    SQFT
    $277
    $/SQFT
    1964
    Built
    Neighborhood:
    Van Nuys (Vn)
    County:
    Los Angeles
    Area:
    Van Nuys (Vn)
    Property Description
    We are proud to present these 8 units located at 14837 Delano Street in Van Nuys, California. The property is comprised of an excellent unit mix of One- Studio / 1 Bathroom unit and Seven- 2 Bedroom / 1 Bathroom units. The offering is situated on a 7,503-square foot lot with 6,489-square foot of gross rentable area and features individual meters for gas and electricity and copper plumbing throughout. With rents approximately 27% below market, this investment provides a savvy investor the opportunity to raise rents to market and achieve greater cash flow.Van Nuys is located in the central San Fernando Valley region of Los Angeles and is strategically located near pockets of economic and development activity. It is home to the Van Nuys Airport and the Valley Municipal Building and is the only neighborhood in the San Fernando Valley with a population exceeding 100,000 residents.
    Exterior Features

    Parking Spaces Total 8 Parking Type Other

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 1.0 Unit Number Of Bath08 1.0 Unit Number Of Bed01 0 Unit Number Of Bed02 2 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2

    Property Features

    Adjusted Gross Income 135795.00 Assessed Improvement Value 856800.00 Assessed Land Value 571200.00 Cap Rate 5.00 Country United States Of America Expense Total Annual 45872.00 Gross Operating Income 136871.00 Gross Rent Multiplier 13.15 Hoa YN N Legal Disclosures Other Lot Size Source Vendor Enhanced Net Operating Income 89923.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 712.00 Unit Monthly Rent02 1472.00 Unit Monthly Rent03 1485.00 Unit Monthly Rent04 1342.00 Unit Monthly Rent05 1250.00 Unit Monthly Rent06 1650.00 Unit Monthly Rent07 1695.00 Unit Monthly Rent08 1800.00 Unit Projected Total Monthly Rent01 1200.00 Unit Projected Total Monthly Rent02 1800.00 Unit Projected Total Monthly Rent03 1800.00 Unit Projected Total Monthly Rent04 1800.00 Unit Projected Total Monthly Rent05 1800.00 Unit Projected Total Monthly Rent06 1800.00 Unit Projected Total Monthly Rent07 1800.00 Unit Projected Total Monthly Rent08 1800.00 Unit Total Monthly Rent01 712.00 Unit Total Monthly Rent02 1472.00 Unit Total Monthly Rent03 1485.00 Unit Total Monthly Rent04 1342.00 Unit Total Monthly Rent05 1250.00 Unit Total Monthly Rent06 1650.00 Unit Total Monthly Rent07 1695.00 Unit Total Monthly Rent08 1800.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 8 Zoning Lar3

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from CARETS as of 2019-10-18T23:51:08.33. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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    331 N Foothill Rd, #100
    Beverly Hills CA, 90210