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14202 Delano St, Van Nuys, CA 91401
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14202 Delano St Van Nuys, CA 91401

$1,595,000
  • 10 Beds
  • 6 Baths
  • 4,740 Sq.Ft.
For Sale
$1,595,000 Get Pre-Qualified
Map preview of 14202 Delano St, Van Nuys, CA 91401

Property Overview: 14202 Delano St Van Nuys, CA has 10 bedrooms, 6 bathrooms, 4,740 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present the Delano Street Apartments a charming, bread and butter six (6) unit multifamily investment opportunity located in Van Nuys. The property was built in 1955, consists of four (4) Two Bedroom One Bath Units and two (2) One Bedroom One Bath Units, and is situated on a 7,499 SF lot zoned R-3. Four of the Six Units have been extensively rehabbed with New Kitchens and Bathrooms, High-End Fixtures, New Windows, and more. All units are separately metered for gas and electricity and have individual hot water heaters. There is also an on-site laundry room with washer/dryer hookups where an investor can place their own appliances to generate extra income. There is an electric gate in the front of the property along with 6 carport parking spaces towards the rear of the property. This turnkey multifamily investment opportunity is located within a 10-20 minute drive of main job centers located in Sherman Oaks, Burbank, Glendale and also provides easy access to the Van Nuys Airport, Warner Brothers Center, Sherman Oaks Galleria as well as the 405, 101 and 170 freeways.

Listed by Jonathan Prakash | BRE #01483131 | KW Advisors
Co-listed by Derrick Vartanian | BRE #01816119 | KW Advisors
Last checked: 4 minutes ago | Last updated: February 10th, 2023 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23238349
City
Van Nuys
County
Los Angeles
Time on Site
57 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,775
  • Total Rent: $7,098
  • Pro Forma/Market Rent: $8,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,245
  • Total Rent: $2,490
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.55%
  • Gross Rent Multiplier: 13.76
  • Gross Scheduled Income: --
  • Net Operating Income: $72,583
  • Gross Operating Income: $112,428
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 14202 Delano St

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Property Details for 14202 Delano St

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Individual Room
Room Information
  • Flooring: Carpet, Laminate, Tile
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 2240021012
  • Year Built Source: Other
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located just northwest of the intersection of Oxnard Street and Hazeltine Avenue.
View more facts & features

Local Van Nuys Agent

Sale History for 14202 Delano St

Last sold for $1,130,000 on February 28th, 2019

  • February, 2023

  • Feb 2, 2023

    Date

    Active

    CRMLS: 23238349

    $1,595,000

    Price

  • February, 2019

  • Feb 28, 2019

    Date

    Sold

    CRMLS: 18414168

    $1,130,000

    Price

  • Jan 30, 2019

    Date

    Pending

    CRMLS: 18414168

    $900,000

    Price

  • Dec 13, 2018

    Date

    Active

    CRMLS: 18414168

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    COURT OVERBID DATE: January 30th, 2019 at 11:00 AM. LOCATION: 21041 Burbank Blvd. Court Room 303. Woodland Hills, CA 91367. INITIAL OVERBID PRICE: $1,130,000 and bidding, if any, shall proceed in increments of $1,000. COURT OVERBID REGISTRATION: Cashier's check in the amount of $56,500. Verification of Funds, and Registration Form. Overbidders Must Register with Trustee. Please e-mail Listing Agents for the Overbid Instructions and/or Registration Form. Call Agents with any questions. BANKRUPTCY SALE SUBJECT TO COURT APPROVAL AND OVERBID PROCESS. We are pleased to present the Delano Street Apartments - a six (6) unit multifamily investment in Van Nuys. Five of the six units are currently occupied with limited rental income history. The sixth unit has been remodeled, is currently vacant, and is in rent ready condition. All Offers are Subject to an Overbid Process. Bankruptcy Court Case #1:16-bk-10048-MB. Property is being sold "AS-IS, WHERE-IS" without Representations or Warranties.

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Tax History for 14202 Delano St

Assessed Value (2020): $1,156,200
Year Land Value Improved Value Assessed Value
2020 $691,560 $464,640 $1,156,200

Home Value Compared to the Market

This property vs the competition

14202 Delano St is listed 110.14% higher than the median list price for the city of Van Nuys which has a median list price of $759,000. The median price per/sqft for Van Nuys is $489 and this home is listed at $336.5 per/sqft which puts the price per square foot 31.19% lower than the median price per square foot for the city of Van Nuys.

About 14202 Delano St

Detailed summary of property

14202 Delano St is a multi family located in Van Nuys, CA 91401 and is currently for sale. This multi family property offers 10 bedrooms, 6 bathrooms, roughly 4,740 living square feet, and sits on an approximately 7,500 square foot lot. 14202 Delano St was first listed on ArdentRealEstateGroup.com on February 2, 2023. The homeowner is currently asking $1,595,000. The median priced home in Van Nuys is $759,000 with a median price per square foot of $489. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 110.14% higher than the median priced home. Local competing homes currently for sale include 6213 Whitsett Ave, 13103 Moorpark St and 14830 Parthenia St. While the average home in Van Nuys, CA is selling in 74 days, 14202 Delano St has a days on market of 51 days. There are currently 87 homes for sale in the Van Nuys real estate market and 60 of them are single family homes while 23 of them are condos and 4 are townhomes. For more information on this home for sale at 14202 Delano St Van Nuys, CA 91401 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 14202 Delano St

Public county record property details
Beds
10
Baths
6
Year built
1955
Sq. Ft.
4,740
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
2240-021-012

The source for these homes facts are from public records.

91401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$614
Median Sold Price
$1,222,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
68
Median Sale to List Price %
94.45%
Avg Days on Market
43
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (40%), Other (10%)

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Recently Sold Homes Near 14202 Delano St

14201 Delano St, Van Nuys, CA 91401
$1,315,000 Last Sold Price
9 Beds
9 Baths
-- Sq.Ft.
14201 Delano St
Van Nuys, CA 91401
14206 Delano St, Van Nuys, CA 91401
$889,000 Last Sold Price
4 Beds
4 Baths
2068 Sq.Ft.
14206 Delano St
Van Nuys, CA 91401
14139 Delano St, Van Nuys, CA 91401
$1,500,000 Last Sold Price
12 Beds
11 Baths
6098 Sq.Ft.
14139 Delano St
Van Nuys, CA 91401
14228 Delano St, Van Nuys, CA 91401
$899,999 Last Sold Price
4 Beds
4 Baths
858 Sq.Ft.
14228 Delano St
Van Nuys, CA 91401

Related Resources to 14202 Delano St

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Other Van Nuys Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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