14739 Delano Street

Van Nuys, CA 91411

$1,799,999
Price
13
Beds
8
Baths
6,908 Sq. Ft.
$261 / Sq. Ft.
6,908
Sq. Ft.
$261
per Sq. Ft.

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.

Listing Agent

  1. Michael Yue

    Michael Yue

    Listing Agent

    Compass

    DRE #02083986

Property Details for 14739 Delano Street

View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6908

Location

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986
Add your commute
LISTING UPDATED: 04/26/2024 02:33 AM

Property Details for 14739 Delano Street

StatusActive
MLS #WS23191353
Days on Market175
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Single Family Residence
Year Built1963
Lot Size0.17 AC / 7,503 SF
CountyLos Angeles County

Location

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986
Add your commute

Building Information for 14739 Delano Street

Stories2Year Built1963Building Size-Lot Size0.17 AC / 7,503 SF

Payment Calculator

$10,504 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$681

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14739 Delano Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 1200
  • Tax Lot: 21
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: Kitchen
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
Exterior Features
  • Entry Location: Apartment door
  • Structure Type: Mixed Use
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes

Property History for 14739 Delano Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

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.

Similar Homes

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Similar Sold Homes

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14739 Delano Street is a mixed use property for sale in Van Nuys, CA 91411. This property was listed for sale on October 4, 2023 by Compass, it's currently listed at $1,799,999. It has been on the market for a total of 175 days and was last sold on April 26, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Sylvan Park Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14739 Delano Street is a 13-bed, 8-bath, 6,908 sqft mixed use property built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Michael Yue, DRE #02083986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided 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 CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, 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.