14244 Delano St Van Nuys, CA 91401
Van Nuys NeighborhoodEstimated payment $7,173/month
Total Views
2,170
8
Beds
4
Baths
3,800
Sq Ft
$283
Price per Sq Ft
About This Home
NAI Capital Commercial is proud to present an exceptional investment opportunity: the "Twin Sister" 4-plexes at 14240 & 14244 Delano Street, Van Nuys. Affordable: Each Property Priced at ($1,075,000!) Ideally located in a high-demand rental corridor, these gated properties are offered as a pair (to be sold concurrently) and sit on a spacious double LAR3-zoned lot totaling 15,003 SF. Each building features a desirable and in-demand unit mix of four large 2-bedroom, 1-bath apartments. These side-by-side quads provide a total of 8 income-producing units, each thoughtfully designed and housed within Cape Cod-inspired architecture, exuding charm and curb appeal. With existing rents approximately 68% below market, this asset offers a significant value-add opportunity through unit modernization and lease repositioning. Furthermore, the private garages at the rear of the property presents the opportunity to potentially add 2 ADU's (buyer to verify with the city of Los Angeles). If you're an investor seeking a sound, long term, value-add investment with huge rental upside, or a 1031 exchange buyer seeking a solid upleg or downleg, Contact NAI Capital Commercial today to receive the full investment package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,630
Year Built
- Built in 1948
Interior Spaces
- 3,800 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Covered Parking
- Driveway
Additional Features
- 7,500 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
- Vacancy Allowance $1,284
Listing and Financial Details
- Assessor Parcel Number 2240-021-003
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $14,630 | $1,170,450 | $702,270 | $468,180 |
| 2023 | $14,351 | $1,147,500 | $688,500 | $459,000 |
| 2022 | $13,692 | $1,125,000 | $675,000 | $450,000 |
| 2021 | $1,572 | $86,914 | $38,247 | $48,667 |
| 2020 | $1,578 | $86,023 | $37,855 | $48,168 |
| 2019 | $1,536 | $84,337 | $37,113 | $47,224 |
| 2018 | $1,397 | $82,685 | $36,386 | $46,299 |
| 2016 | $1,295 | $79,476 | $34,974 | $44,502 |
| 2015 | $1,281 | $78,283 | $34,449 | $43,834 |
| 2014 | $1,314 | $76,751 | $33,775 | $42,976 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $1,075,000 | -- | $283 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,000,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $538,000 | New Conventional | |
| Previous Owner | $450,000 | Commercial |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25537402
APN: 2240-021-003
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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