
14553 Hartland St Los Angeles, CA 91405
Van Nuys NeighborhoodEstimated payment $21,782/month
Highlights
- 0.34 Acre Lot
- Cooling System Mounted To A Wall/Window
- Wrought Iron Fence
- Van Nuys High School Rated A
- Laundry Room
- Wall Furnace
About This Home
Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,775,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,360. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 0.34 Acre Lot
- No Common Walls
- Wrought Iron Fence
- No Sprinklers
- 6840 Vesper Avenue (APN: 2219-026-058)
Home Design
- 12,241 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 18 Parking Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 127
- Assessor Parcel Number 2219026057
Community Details
Overview
- 3 Buildings
- 17 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 18 Separate Electric Meters
- 18 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $17,000
- Maintenance Expense $12,750
- Pest Control $900
- Professional Management Expense $12,569
- Trash Expense $7,198
- Water Sewer Expense $38,818
- New Taxes Expense $42,500
- Operating Expense $134,300
- Gross Income $323,144
- Net Operating Income $184,052
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/15/2025 07/15/25 | For Sale | $3,400,000 | -- | $278 / Sq Ft |
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