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14739 Delano St, Van Nuys, CA 91411
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14739 Delano St Van Nuys, CA 91411

$1,799,999
  • -- Beds
  • -- Baths
  • 6,908 Sq.Ft.
For Sale
$1,799,999 Get Pre-Qualified
Map preview of 14739 Delano St, Van Nuys, CA 91411

Property Overview: 14739 Delano St Van Nuys, CA has -- bedrooms, -- bathrooms, 6,908 living square feet and 7,503 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: REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?. Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate. Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stone’s throw away, making it an attractive choice for families. The upcoming East San Fernando Valley Light Rail line, with a planned station nearby, is set to enhance transportation options, offering convenient connections to the Metrolink train and the Metro Orange and Red Lines. Don't let this fantastic investment opportunity pass you by. Contact us today to schedule a viewing and delve into the endless possibilities awaiting at 14739 Delano St, Van Nuys.

Listed by Jinglin YUE | BRE #02083986 | COMPASS
Last checked: 10 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 201
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Home details

Lot Sq. Ft
7,503
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
WS23189323
City
Van Nuys
County
Los Angeles
Time on Site
220 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $6,719
  • Gross Operating Income: --
  • Laundry Income: $79
  • Other Income 1: $532
Annual Expense Breakdown
  • Total Operating Expense: $4,286
  • Insurance: $474
  • Maintenance: $676
  • Professional Management: $369
  • Other Expenses: $67

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Property Details for 14739 Delano St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Inside
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Total # of Units: 8
  • Parcel Number: 2241015017
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross streets: Delano Street and Van Nuys Boulevard
View more facts & features

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Sale History for 14739 Delano St

View property's historical transactions

  • October, 2023

  • Oct 12, 2023

    Date

    Active

    CRMLS: WS23189323

    $2,200,000

    Price

Tax History for 14739 Delano St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

14739 Delano St is listed 104.78% higher than the median list price for the city of Van Nuys which has a median list price of $879,000. The median price per/sqft for Van Nuys is $566 and this home is listed at $260.57 per/sqft which puts the price per square foot 53.96% lower than the median price per square foot for the city of Van Nuys.

About 14739 Delano St

Detailed summary of property

14739 Delano St is a multi family located in Van Nuys, CA 91411 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 6,908 living square feet, and sits on an approximately 7,503 square foot lot. 14739 Delano St was first listed on ArdentRealEstateGroup.com on October 13, 2023. The homeowner is currently asking $1,799,999 and was originally asking $2,200,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 104.78% higher than the median priced home. Local competing homes currently for sale include 101 S Mariposa, 12495 Greene Ave and 2972 W Pico Blvd. While the average home in Van Nuys, CA is selling in 59 days, 14739 Delano St has a days on market of 201 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 14739 Delano St Van Nuys, CA 91411 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 14739 Delano St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91411 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$895,000
Median List Price/Sq.Ft.
$630
Median Sold Price
$935,000
Median Sold Price/Sq.Ft.
$567
Total Inventory
24
Median Sale to List Price %
98.43%
Avg Days on Market
76
Loan Type
Conventional (66.67%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

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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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