14739 Delano Street
14739 Delano Street
Listed By Compass
Listed By Compass
Description
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 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?.
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
![Michael Yue]()
michael.yue@compass.comP: 310.435.2237
Property Details for 14739 Delano Street
Location
Property Details for 14739 Delano Street
| Status | Active |
|---|---|
| MLS # | WS23189323 |
| Days on Market | 188 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Commercial Sale / Multi Family |
| Year Built | 1963 |
| Lot Size | 0.17 AC / 7,503 SF |
| County | Los Angeles County |
Location
Building Information for 14739 Delano Street
Payment Calculator
$10,504 per month
30 year fixed, 7.25% Interest
$9,823
$681
$0
Property Information for 14739 Delano Street
- Net Operating Income: $6,719
- Laundry Income: $79
- Other Income 1: $532
- Operating Expense: $4,286
- Expense Year: $2,022
- Insurance Expense: $474
- Maintenance Expense: $676
- Professional Management Expense: $369
- Other Expense: $67
- Real Estate Tax Expense: $1,133
- Tax Year: 2022
- Laundry: Yes
- Laundry Features: Inside
- Cooling: Central Air
- Lot Features: 0-1 Unit/Acre
- Land Use: Multi-Family
- Land Lease: No
- Topography: Rolling/Hilly
- Water Source: Public
- Building Status: Existing
- Asset Class: Multi-Family
- Number Of Buildings: 1
Property History for 14739 Delano Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14739 Delano Street
Schools near 14739 Delano Street
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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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.