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14206 Delano St, Van Nuys, CA 91401
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14206 Delano St Van Nuys, CA 91401

$889,000 Sold Price as of 05/14/2019
  • 4 Beds
  • 4 Baths
  • 2,068 Sq.Ft.
Sold
$889,000 Sold Price as of 05/14/2019 Refinance Your Mortgage
Map preview of 14206 Delano St, Van Nuys, CA 91401

Property Overview: 14206 Delano St Van Nuys, CA has 4 bedrooms, 4 bathrooms, 2,068 living square feet and 7,474 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to represent the clean four unit apartment building located in a good rental pocket of Van Nuys. The property consists of (4) one bedroom one bath units that are a total of 2,068 square feet and is situated on a 7,499 square feet lot. The units have been well maintained and there is upside on existing rents. Two of the units are vacant which makes it perfect for an owner user or potential land value. This Van Nuys rental community is highly desirable and centrally located, with easy access to public transportation and freeways. The surrounding area features established residential tree-lined neighborhoods,and a variety of shopping centers and restaurants. The property is situated near the heart of Van Nuys courthouse, post office, and police station, Costco & Target, with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportation services allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for gas and electricity.

Listed by Cindy Hill | BRE #00885625 | Keller Williams Realty-Studio
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 78

Home details

Lot Sq. Ft
7,474
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR19008806
City
Van Nuys
County
Los Angeles
Time on Site
1368 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,848
  • Total Rent: $4,848
  • Pro Forma/Market Rent: $5,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.54%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,176
  • Net Operating Income: $40,804
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $16,227
  • Electric: $0
  • Gas/Fuel: $122
  • New Taxes: $10,752
  • Trash: $900
  • Insurance: $1,200
  • Water/Sewer: $2,160

Property Details for 14206 Delano St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 21-25 Units/Acre, Front Yard, Lot 6500-9999
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 2240021011
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Hazeltine; just south of Victory
Neighborhood Information
  • Community Features: Sidewalks, Suburban, Valley
View more facts & features

Local Van Nuys Agent

Sale History for 14206 Delano St

Last sold for $910,000 on November 10th, 2020

  • November, 2020

  • Nov 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $910,000

    Price

  • October, 2020

  • Oct 1, 2020

    Date

    Expired

    CRMLS: 20577108

    $929,000

    Price

  • May 8, 2020

    Date

    Price Change

    CRMLS: 20577108

    $929,000

    Price

  • May 8, 2020

    Date

    Active

    CRMLS: 20577108

    $939,000

    Price

  • Listing provided courtesy of CRMLS

    pleased to present a multi-unit apartment building for sale in one of the most desirable rental communities in Van Nuys. This property consists of 4 units, each with 1 bedroom and 1 bathroom. The units all have their own electric, gas, and water meters, including a separate water heater for the laundry room. Each unit also has its own parking space. The building is currently fully occupied with month-to-month tenants paying under-market rents, making the purchase of this property a great opportunity for an owner that wishes to occupy one of the units or reposition the property. The land is also zoned LAR3 and designated as TOC Tier 1, which allows a density bonus for developers, making this property a desirable investment opportunity with development potential. This property is located near many major retailers such as Target, Costco, and Best Buy and is centrally located within close proximity to public transportation and major freeways.

  • May, 2019

  • May 20, 2019

    Date

    Sold

    CRMLS: SR19008806

    $889,000

    Price

  • Apr 2, 2019

    Date

    Pending

    CRMLS: SR19008806

    $899,000

    Price

  • Mar 6, 2019

    Date

    Price Change

    CRMLS: SR19008806

    $899,000

    Price

  • Jan 14, 2019

    Date

    Active

    CRMLS: SR19008806

    $950,000

    Price

  • May, 2019

  • May 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $889,000

    Price

Show More

Tax History for 14206 Delano St

Assessed Value (2020): $906,780
Year Land Value Improved Value Assessed Value
2020 $543,660 $363,120 $906,780

Home Value Compared to the Market

This property vs the competition

14206 Delano St sold on May 14, 2019 for 4.53% higher than the current median sold price for the city of Van Nuys which is $860,000. The median sold price per/sqft for Van Nuys is $506 and this home is sold at $434.72 per/sqft which puts the price per square foot 14.09% lower than the current median sale per square foot for the city of Van Nuys.

About 14206 Delano St

Detailed summary of property

14206 Delano St is a multi family that recently sold in Van Nuys, CA 91401. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,068 living square feet, and sits on an approximately 7,474 square foot lot. 14206 Delano St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $889,000. Home in Van Nuys are selling for a median price of $860,000 and a median price per square foot of $506. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is sold 4.53% higher than the current median priced home. Local homes that are currently for sale include 2945 S Orange Dr, 5161 W Jefferson Blvd and 2500 Lucerne Ave. While the average home in Van Nuys, CA is selling in 60 days, 14206 Delano St has a days on market of 78 days. There are currently 89 homes for sale in the Van Nuys real estate market and 67 of them are single family homes while 15 of them are condos and 7 are townhomes. For more information on this home for sale at 14206 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 14206 Delano St

Public county record property details
Beds
4
Baths
4
Year built
1949
Sq. Ft.
2,068
Lot Size
7,499
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
2240-021-011

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
$1,250,000
Median List Price/Sq.Ft.
$651
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$655
Total Inventory
61
Median Sale to List Price %
94.25%
Avg Days on Market
22
Loan Type
Conventional (29.41%), FHA (0%), VA (0%), Cash (17.65%), Other (5.88%)

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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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