14739 Delano Street
14739 Delano Street
$1,799,999
13
8
6,908
6,908
$261
Listed By Compass
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,...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 stone’s 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 Delano St, Van Nuys.
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,...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 stone’s 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 Delano St, Van Nuys.
Listing Agent
Property Details for 14739 Delano Street
View
Neighborhood
Parking Spaces Total2
Private PoolNo
Cooling TypeCentral
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area6908
Location
LISTING UPDATED: 05/28/2024 12:41 PM
Property Details for 14739 Delano Street
Status | Active |
---|---|
MLS # | WS23191353 |
Days on Market | 205 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential / Single Family Residence |
Year Built | 1963 |
Lot Size | 0.17 AC / 7,503 SF |
County | Los Angeles County |
Location
Building Information for 14739 Delano Street
Stories2Year Built1963Building Size-Lot Size0.17 AC / 7,503 SF
Payment Calculator
$10,504 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 14739 Delano Street
Property History for 14739 Delano Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14739 Delano Street
Taxable ValueLand$212,981Additions$364,913Total$577,894
Tax Record2023$8,176 ($681 / month)
Home Facts
Total Finished SqFt6,908 SqFtAbove Grade Finished SqFt6,908 SqFtLot Size7,503 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2241-015-017
Schools near 14739 Delano Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Sylvan Park Elementary School PublicK to 5 | ||
Van Nuys Middle School Public6 to 8 | ||
Van Nuys Senior High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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