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    14633 Sylvan Street

    Van Nuys, CA 91411
    • $1,850,000
    • STATUS: Active Under Contract
    • ON SITE: 77 days
    • ID#: 20633460
    Under Contract
    UPDATED: 34 min ago
    $1,850,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are proud to present this 10-unit apartment complex in Van Nuys. The property is located south of Victory Blvd and west of Van Nuys Blvd on a nice multi-residential street. The two front units have large balconies and the ground floor units have side private patios. The units have wall AC units and are mostly in good, but original condition. Ample parking for 12 to 16 cars. 40% upside in rents. Seller will supply approved plans for seismic retrofit of parking. Buyer shall assume liability of completing work.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T11:28:00.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/110068250
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    14633 Sylvan Street Van Nuys, CA 91411

    • Price: $1,850,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • ID#: 20633460
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1964
    Built
    County:
    Los Angeles
    Property Description
    We are proud to present this 10-unit apartment complex in Van Nuys. The property is located south of Victory Blvd and west of Van Nuys Blvd on a nice multi-residential street. The two front units have large balconies and the ground floor units have side private patios. The units have wall AC units and are mostly in good, but original condition. Ample parking for 12 to 16 cars. 40% upside in rents. Seller will supply approved plans for seismic retrofit of parking. Buyer shall assume liability of completing work.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features CoveredUncovered Parking YN Yes

    Interior Features

    Heating None Heating YN No

    Property Features

    Country Us Gross Income 138528.00 Gross Multiplier 13.35 Gross Operating Income 134372.00 Net Operating Income 77180.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 57193.00 Zoning Lar3

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-03T11:28:00.873. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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