$1,150,000

14216 Calvert St Van Nuys, CA 91401

Total Views 8,244
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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $26,759 $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

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
Your Personal Tour Guide

Ask me questions while you tour the home.