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

14249 Sylvan St
Van Nuys, CA 91401
2023 6-UNIT NEAR SHERM. OAKS | REAL 5.67% CAP · Multifamily Property For Sale · 6 Units

Investment Highlights

  • FULLY LEASED at an outstanding cap rate of 5.67%! CASH COW!
  • 100% STABILIZED! Step into major cash flow on day one.
  • Ideal unit mix of four 3-bedroom units, one 4-bedroom SFR & one 1-bedroom unit!
  • No rent control!
  • Units boast ultra-premium finishes, including marble top islands, designer tiles, modern glossy cabinets, and natural wood waterproof vinyl.
  • Boasts 10 total parking spots with 8 garage spaces!

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 7,788 SF
Average Occupancy 83%
No. Stories 3
Year Built 2023
Parking Ratio 1.28/1,000 SF
Zoning LARD1.5 - Residential

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Handrails
  • Island Kitchen
  • Vinyl Flooring

Property Taxes

Property Taxes

Parcel Number
2240-016-022
Land Assessment
$1,509,600
Improvements Assessment
$2,264,400
Total Assessment
$3,774,000
  • Listing ID: 28930853

  • Date on Market: 7/6/2023

  • Last Updated:

  • Address: 14249 Sylvan St, Van Nuys, CA 91401

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