NOT LISTED FOR SALE

14217 Vanowen St van Nuys, CA 91405

10 Beds
6 Baths
4,790 Sq Ft
9,022 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $1,300,000 $271 Per Sq Ft

10 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Laundry Facilities
  • Van Nuys High School Rated A
  • 6 Detached Carport Spaces
  • 3-minute walk to Van Nuys Park and Recreation Center

About This Home

As of October 2023

Super clean building with low rents. SELLER FINANCING AVAILABLE. 55% Seller Financing at 5.00% Interest Only for 5 years. We are proud to present 14217 Vanowen St, a 6-unit value-add multi-family asset located in the Van Nuys submarket of the San Fernando Valley. This income producing property features an attractive unit mix of (4) 2 bed/1 bath and (2) 1bed/1 bath units. Built in 1956, this 4,790 square foot property sits on 9,022 square foot lot with easy access to the 405 freeway. Tenants enjoy on-site amenities such as carport parking and laundry. The Subject Property is perfect for a first time investor or an experienced owner wanting to add to their existing portfolio. The new owner will be able to aggressively capture the remaining 60% upside in rents, as 14217 Vanowen St remains an attractive property to a wide variety of qualified tenants in the ever developing submarket of Van Nuys, California.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 08/21/2023

RE/MAX One

Last Buyer's Agent

Chase Simonton

Keller Williams-Santa Monica License #01766871

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 9,022 Sq Ft Lot
  • South Facing Home
  • Fenced Yard

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,790 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • 6 Detached Carport Spaces

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 6 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 2217-012-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4790
  • Lot Acreage: 0.2071
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry: Community
  • Laundry Equipment: Own
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven, Refrigerator, Microwave, Dryer, Washer
  • Price Per S Q F T: 280.79

Exterior Features

  • Direction Faces: South
  • Other Structures: None

Garage/Parking

  • Carport Spaces: 6
  • Parking Garage: Carport Detached
  • Total Parking: 6

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 430359
  • Assessed Land Percent: 60
  • Assessed Land Value: 645539
  • Total Assessed Value: 1075898
  • Assessor Parcel Number: 2217-012-005
  • Lot Description: Fenced Yard
  • Lot Size Area: 9022

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 14.96
  • Number Of Units: 6
  • Rent Control: 100
  • Type Of Units: multi-family
  • Vacancy Allow Percent: 3.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,750 -- --
10/21/2024 10/21/24 Price Changed $1,750 -5.4% $2 / Sq Ft
10/07/2024 10/07/24 Price Changed $1,850 +23.3% $2 / Sq Ft
10/02/2024 10/02/24 Price Changed $1,500 -14.3% $2 / Sq Ft
10/02/2024 10/02/24 For Rent $1,750 0.0% --
10/20/2023 10/20/23 Sold $1,300,000 -3.3% $271 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $1,345,000 -- $281 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $16,640 $1,326,000 $816,000 $510,000
2024 $16,640 $1,300,000 $800,000 $500,000
2023 $14,206 $1,097,415 $658,449 $438,966
2022 $13,573 $1,075,898 $645,539 $430,359
2021 $13,394 $1,054,803 $632,882 $421,921
2019 $13,011 $1,025,018 $614,111 $410,907
2018 $12,898 $1,004,950 $602,070 $402,880
2016 $12,271 $964,487 $578,692 $385,795
2015 $9,894 $764,985 $407,992 $356,993
2014 $9,962 $750,000 $400,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-302921

The MLS