
14216 Calvert St Van Nuys, CA 91401
Van Nuys NeighborhoodEstimated payment $7,520/month
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, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. 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.
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
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/29/2025 05/29/25 | For Sale | $1,150,000 | -- | $227 / Sq Ft |
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