NOT LISTED FOR SALE

14158 Sylvan St Los Angeles, CA 91401

Van Nuys Neighborhood
3 Beds
2 Baths
5,854 Sq Ft
8,720 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $1,575,000 $269 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Van Nuys High School Rated A
  • Laundry Room

About This Home

As of November 2020

14158 Sylvan Street is located in the heart of the City of Van Nuys near the Van Nuys court house. This beautiful 8 unit apartment building is comprised of (6) Six (1) One Bedroom and (1) One Bath Units and (2) Two (2) Two bedroom and (1) One bath units. The property has tremendous rental upside and is located in a high demand rental location. The exterior of the property has been recently painted, many of the windows have been upgraded and new landscaping. Tenants have carport parking in the rear of the building and the building does not require seismic retrofitting. There is a laundry room which will allow an owner to add his own laundry machines (there is no laundry contract).

Last Agent to Sell the Property

James Antonucci

Keller Williams Realty-Studio City License #01822661 Listed on: 08/07/2020

Keller Williams Realty-Studio City

Last Buyer's Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661 Listed on: 08/07/2020

Keller Williams Realty-Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,720 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 5,854 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 14 / 6
  • Tax Tract Number 1200
  • Assessor Parcel Number 2240018002

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Electric Expense $2,443
  • Fuel Expense $2,443
  • Insurance Expense $1,771
  • Trash Expense $2,400
  • Water Sewer Expense $2,443
  • New Taxes Expense $20,625
  • Operating Expense $39,452
  • Gross Income $108,329
  • Net Operating Income $68,876

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 4.17
  • Property Attached: Yes
  • Water Sewer Expenses: 2443.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2240018002
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 269.05

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8720.00
  • Lot Size Acres: 0.2002

Multi Family

  • Electric Expense: 2443.00
  • Fuel Expense: 2443.00
  • Gross Income: 108329.00
  • Gross Multiplier: 14.77
  • Gross Operating Income: 108329.00
  • Gross Scheduled Income: 111679.00
  • Insurance Expense: 1771.00
  • Lot Size Area: 8720.0000 Square Feet
  • Net Operating Income: 68876.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 39452.00
  • Operating Expense Percent: 35.30
  • Rent Control: Yes
  • Total Expenses: 39452.00
  • Vacancy Allowance: 3350
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 20625.00
  • Tax Block: 6
  • Tax Census Tract: 1282.10
  • Tax Lot: 14
  • Tax Tract Number: 1200

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $1,575,000 -4.5% $269 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $1,650,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James Antonucci

    Seller's Agent in 2020

    James Antonucci

    Keller Williams Realty-Studio City

    (818) 432-1647

    8 in this area

    70 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20159791

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 91401 Van Nuys

14158 Sylvan St, Los Angeles, CA

This home is located at 14158 Sylvan St, Los Angeles, CA 91401 since 07 August 2020. This property was built in 1958. 14158 Sylvan St is a home located in Los Angeles County with nearby schools including Van Nuys Elementary School, Van Nuys High School, and Ararat Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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