NOT LISTED FOR SALE

14217 Vanowen St van Nuys, CA 91405

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

Sale Details

Date 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

9,022 Sq Ft Lot

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $16,917 $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

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Map

Source: The MLS

MLS Number: 23-302921

The MLS
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