All in one place

Everything to run your Real Estate Business


Listing Agent: Jinglin YUE CalDRE: 02083986 - COMPASS, 310-388-3761
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

14739 Delano Street,  Van Nuys CA, 91411

(Active)
$1,799,999
|
13 beds, 8 Full baths, 6,908 sqft
|
MLS# WS23191353

Skip Slideshow
Last Updated: 5/1/2024 6:52 PM
Description for 14739 Delano Street Van Nuys, CA 91411
REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 13 bedrooms and 8 bathrooms, making it a substantial income-generating asset.Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment.With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth.The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate.Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones throw away, making it an attractive choice for families.The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines.Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 DelanoSt,VanNuys.
Price
$1,799,999
Los Angeles
13
8 Full
6,908 (approx)
WS23191353
Active
Description
REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 13 bedrooms and 8 bathrooms, making it a substantial income-generating asset.Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment.With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth.The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate.Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones throw away, making it an attractive choice for families.The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines.Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 DelanoSt,VanNuys.
Listing Information
Property Type: Single Family, Mixed Use, 2 Story
13 8 Full
0.17 Acres Assessor 6,908 (approx)
1963 Yes-2 spaces 2
Public
Unknown
Neighborhood
School Information
District: Los Angeles Unified
Room Information
Bathrooms: Main Level: 1
8
Main Level: 1, Total: 13
Inside
Interior Features
Central Air
2+ Common Walls
Apartment door
None
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 0 Covered Parking Spaces,
None
Other
LAR3
0-1 Unit/Acre
Driving Directions
Cross streets: Delano Street and Van Nuys Boulevard
Financial Considerations
2241015017
Cash to New Loan
Listing Price History

Van Nuys Real Estate

Van Nuys is located in California. Van Nuys, California 91411 has a population of 174,987.

The median household income in Van Nuys, California 91411 is $62,455. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Van Nuys 91411 is 38 years.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
No information is available for recently sold properties within this search.
Price History
Date Event Price Source
4/9/2024 Active $1,799,999  USD  - MLS info
2/28/2024 Active $1,800,000  USD  -9.91% MLS info
1/31/2024 Active $1,998,000  USD  -9.18% MLS info
10/13/2023 Active $2,200,000  USD  MLS info
Tax History (Sourced from Public Records)
year Property Taxes Change Tax Assessment Change
2023 $8,176   USD 4.33% $577,894   USD 2.00%
2022 $7,837   USD 1.66% $566,563   USD 2.00%
2021 $7,709   USD -0.80% $555,455   USD -
2020 $7,771   USD 3.59% $555,455   USD 1.04%
2019 $7,502   USD 1.72% $549,760   USD 2.00%
Listing Agent: Jinglin YUE CalDRE: 02083986 - COMPASS, 310-388-3761
crmls logo
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 5/1/2024 6:52 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
We'll help you find your dream home!
Contact Customer Service
(555) 555-5555