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14108 Sylvan St
Van Nuys, CA 91401
Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 7,896 SF
No. Stories 2
Year Built 1981
Parking Ratio 1.39/1,000 SF
Zoning RD1.5, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony

Site Amenities

  • Laundry Facilities

About 14108 SYLVAN ST , VAN NUYS, CA 91401

Marcus and Millichap is pleased to present for sale a 10 unit apartment building in a solid Van Nuys location. Located on Sylvan Street in between Hazeltine Avenue and Tyrone Avenue, tenants benefit from being on a nice quiet street. Built in 1981, the property is not subject to rent control. The property attracts residents through a variety of units and desirable amenities. The property consists of six single units (three large), one, one-bedroom/one-bathroom, one, two-bedroom/one-bathroom unit, one, two-bedroom/one bathroom with a balcony, and one, two-bedroom/two-bathroom with a patio. Amenities at the property include spacious units, central air, controlled access, 10 gated parking spaces, three large storage units (two of which are rented), and on-site laundry. Additionally, there is a beautiful owners unit with a fireplace, crown molding, renovated kitchens and bathrooms With effective management and a strategic renovation plan, a new owner should be able to achieve significant upside in rents. The property is non-rent control and rents are significantly below market.

Property Taxes

Property Taxes

Parcel Number
2240-018-012
Land Assessment
$1,479,176
Improvements Assessment
$1,308,501
Total Assessment
$2,787,677
  • Listing ID: 6257898

  • Date on Market: 3/13/2017

  • Last Updated:

  • Address: 14108 Sylvan St, Van Nuys, CA 91401

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