$1,150,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

14216 Calvert St Van Nuys, CA 91401

Estimated payment $8,492/month

Total Views 10,322
8 Beds
7 Baths
5,060 Sq Ft
$227 Price per Sq Ft

About This Home

*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.

Listing Agent

Kelly Morgan

Houze Real Estate Management License #01898026 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 6,250 Sq Ft Lot

Interior Spaces

  • 5,060 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 8 Parking Spaces
  • Attached Carport

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2240-024-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5060
  • Lot Acreage: 0.1435
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 7.00
  • Price Per S Q F T: 227.27

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 40.02
  • Assessed Improvement Value: 858840
  • Assessed Land Percent: 59.98
  • Assessed Land Value: 1287240
  • Total Assessed Value: 2146080
  • Assessor Parcel Number: 2240-024-008
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 7.54
  • Number Of Units: 6
  • Type Of Units: Apartment

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,074 $2,189,000 $1,312,984 $876,016
2024 $26,759 $2,146,080 $1,287,240 $858,840
2023 $14,631 $1,135,459 $536,099 $599,360
2022 $13,977 $1,113,196 $525,588 $587,608
2021 $13,790 $1,091,370 $515,283 $576,087
2019 $13,405 $1,059,000 $500,000 $559,000
2018 $6,725 $491,403 $198,142 $293,261
2016 $6,351 $472,323 $190,449 $281,874
2015 $6,268 $465,229 $187,589 $277,640
2014 $6,325 $456,117 $183,915 $272,202
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2025 05/29/25 For Sale $1,150,000 -- $227 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25545333

The MLS
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