14216 Calvert St Van Nuys, CA 91401
Van Nuys AreaEstimated payment $8,360/month
About This Home
*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% 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.
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
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 |
|---|---|---|---|---|
| 2026 | $27,074 | $2,232,779 | $1,339,243 | $893,536 |
| 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 |
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 |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Chicago Title Company | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $3,950,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Quit Claim Deed | -- | Accommodation |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $900,000 | New Conventional | |
| Previous Owner | $2,400,000 | Commercial |
Source: The MLS
MLS Number: 25545333
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