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14739 Delano Street, Van Nuys, CA 91411
$1,799,999
14739 Delano Street, Van Nuys, CA 91411View this property at 14739 Delano Street, Van Nuys, CA 91411
14739 Delano StreetVan NuysCA91411
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Property Description
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 13 bedrooms and 8 bathrooms, making it a substantial income-generating asset.
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.
Full Property Details
Full Property Details for 14739 Delano St
General
- Price: $1,799,999
- Status: Active
- Type: Single Family
- MLS ID: WS23191353
- Updated: 4/26/2024
- Days on Market: 173 days
- Added to Site: 199 day(s) ago
Interior
- Rooms/Areas: Kitchen
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Bedrooms
- Total Bedrooms: 13
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Los Angeles
- Driving Directions: Cross streets: Delano Street and Van Nuys Boulevard
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks, Street Lights
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Water: Public
Structural Information
- Structure Type: Commercial/Residential
- Common Walls: 2 Common Walls (or More)
- Entry Location: Apartment door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 6,908
- Sq. Ft. Source: Assessor
- Year Built: 1963
- Year Built Source: Assessor
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1722
- Lot Size (Sq. Ft.): 7,503
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $260.57
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Special Conditions: Standard
Listed by Compass, Jinglin YUE
Get Pre-Approved Today
Schools
Schools serving 14739 Delano St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6238 Noble Ave, Van Nuys, CA 91411 | K-5 | 0.4 mi | |
5435 Vesper Ave, Van Nuys, CA 91411 | 6-8 | 1 mi | |
6535 Cedros Ave, Van Nuys, CA 91411 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14739 Delano St
Date
Details
Price
Change
Source
4/09/2024
Price Reduced
$1,799,999
—
MLS
2/28/2024
Price Reduced
$1,800,000
-9.91%
MLS
1/31/2024
Price Reduced
$1,998,000
-9.18%
MLS
10/13/2023
Listed
$2,200,000
440.54%
MLS
4/26/2002
Sold
$407,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14739 Delano St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,176
4%
$577,894
2%
2022
$7,837
2%
$566,563
2%
2021
$7,709
-1%
$555,455
1%
2020
$7,771
4%
$549,760
2%
2019
$7,502
2%
$538,982
2%
2018
$7,375
3%
$528,415
2%
2017
$7,186
3%
$518,055
2%
2016
$6,956
1%
$507,898
2%
2015
$6,866
-1%
$500,270
2%
2014
$6,939
—
$490,472
—
2013
$6,929
—
$488,257
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14739 Delano St
14739 Delano Street, Van Nuys, CA 91411 (MLS# WS23191353) is a Single Family property with 13 bedrooms and 8 full bathrooms. 14739 Delano Street is currently listed for $1,799,999 and was received on October 13, 2023. Want to learn more about 14739 Delano Street? Do you have questions about finding other Single Family real estate for sale in Van Nuys - West? You can browse all Van Nuys - West real estate or contact a Coldwell Banker agent to request more information.