This Multifamily Property is no longer advertised on LoopNet.com.

14218 Sylvan St
Van Nuys, CA 91401
Copper Plumbing | 40% Rent Upside · Multifamily Property For Sale · 9 Units

Investment Highlights

  • Three Blocks from Upcoming East San Fernando Valley Light Rail – Projected to Boost Property Values in Immediate Area
  • Full Copper Plumbing
  • Most Units Upgraded with New Stone Countertops, New Stainless Steel Appliances, New Wood Flooring, and Remodeled Bathrooms
  • Strong Repositioning Opportunity – Add Value by Recapturing Approximately 40% in Rent Upside
  • Large Floorplans – Average of Nearly 1,000 Gross Square Feet per Unit
  • Select Units Feature Recessed Lighting, Decorative Tile Backsplashes, Mini-Split HVAC Units

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 8,957 SF
No. Stories 2
Year Built 1964
Parking Ratio 1.23/1,000 SF
Zoning LARD1.5

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,630 975
2+1.5 2 $1,702 1,000
2+2 2 $1,162 1,025

Property Taxes

Property Taxes

Parcel Number
2240-017-007
Land Assessment
$458,617
Improvements Assessment
$1,145,948
Total Assessment
$1,604,565
  • Listing ID: 29393060

  • Date on Market: 8/29/2023

  • Last Updated:

  • Address: 14218 Sylvan St, Van Nuys, CA 91401

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