14739 Delano St
Van Nuys, CA 91411
13 Beds8 Baths6,908 Sq Ft91 Days on Market
For Sale $1,600,000
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Courtesy of Compass
Listing Agent & Comments
Take advantage of this unique opportunity to acquire two prime properties with a preference for a bundled sale at 5.2% cap rate with 50% upside: 7543 Chimeneas Avenue and 14739 Delano Street. Discover the potential of 14739 Delano Street, 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 eight bathrooms in total, making it a substantial income-generating asset? With 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 five comfortable two-bedroom units and three inviting one-bedroom units, ensuring a steady occupancy rate. Ideally positioned, the complex offers its residents effortless access to transportation, shopping, and dining venues. The proximity to the 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 Pacoima, San Fernando/Sylmar, and the G Line (orange) and B Line (red). Don't miss this fantastic investment opportunity. Contact us today to schedule a showing and discover the endless possibilities that await.
MLS# 24418407 • Data provided by CRMLS
Living Area | 6,908 Sq.Ft. |
---|---|
Lot Size | 7,505 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 13 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1963 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,317 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,577,110
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
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HouseCanary, Inc. Brokerage
14739 Delano St., Van Nuys, CA 91411
Multi Family13 Beds8 Baths6,908 Sq Ft91 Days on Market
Listing Agent & Comments
Take advantage of this unique opportunity to acquire two prime properties with a preference for a bundled sale at 5.2% cap rate with 50% upside: 7543 Chimeneas Avenue and 14739 Delano Street. Discover the potential of 14739 Delano Street, 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 eight bathrooms in total, making it a substantial income-generating asset? With 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 five comfortable two-bedroom units and three inviting one-bedroom units, ensuring a steady occupancy rate. Ideally positioned, the complex offers its residents effortless access to transportation, shopping, and dining venues. The proximity to the 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 Pacoima, San Fernando/Sylmar, and the G Line (orange) and B Line (red). Don't miss this fantastic investment opportunity. Contact us today to schedule a showing and discover the endless possibilities that await.
MLS# 24418407 • Data provided by CRMLS
Living Area | 6,908 Sq.Ft. |
---|---|
Lot Size | 7,505 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 13 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1963 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,317 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Compass
14739 Delano St
Van Nuys, CA 91411
13 Beds8 Baths6,908 Sq Ft91 Days on Market
Listing Agent & Comments
Take advantage of this unique opportunity to acquire two prime properties with a preference for a bundled sale at 5.2% cap rate with 50% upside: 7543 Chimeneas Avenue and 14739 Delano Street. Discover the potential of 14739 Delano Street, 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 eight bathrooms in total, making it a substantial income-generating asset? With 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 five comfortable two-bedroom units and three inviting one-bedroom units, ensuring a steady occupancy rate. Ideally positioned, the complex offers its residents effortless access to transportation, shopping, and dining venues. The proximity to the 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 Pacoima, San Fernando/Sylmar, and the G Line (orange) and B Line (red). Don't miss this fantastic investment opportunity. Contact us today to schedule a showing and discover the endless possibilities that await.
MLS# 24418407 • Data provided by CRMLS
Living Area | 6,908 Sq.Ft. |
---|---|
Lot Size | 7,505 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 13 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1963 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $8,317 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,577,110
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Compass