14112 Delano Street
Van Nuys, CA 91401
0.17 acres | #SR24242345
Description
GREAT OPPORTUNITY on this Pride of ownership 5 unit Condo Style Gated Apartment Building built in 1991. Located in the heart of Van Nuys near City Hall and walking distance to public transportation. 4 of the units are 2 bedrooms plus 1.5 baths. 1 unit is 3 bedrooms and 1.5 baths. Each tenant has 2 parking spaces with a remote controlled security gate. Minimum amount of tenants living in the building. There is a common laundry room. Machines are leased. This updated and well maintained building has a newer roof, newer hot water heater, newer sewer line and all newer building plumbing. Exterior was recently painted. Each unit has Central A/C & Heat. All unit's ductwork was recently cleaned. Some of the units have updated laminate flooring with granite countertops. Bedrooms are located upstairs with a full bath and downstairs is the living room with a dining area, kitchen and 1/2 bath. Lots of upside on this opportunity providing for a solid long term investment with immediate added value. Its prime location near public amenities, transportation and shopping adds to its desirability for tenants, ensuring consistent occupancy rates. With additional room for rental increases, this property presents a unique opportunity for investors seeking stable returns and long term appreciation.
Property Details
- Utility FeaturesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, W
- Lot DescriptionFrontYard, Garden, Lawn, Landscaped, Level, NearPublicTransit, RectangularLot, StreetLevel, Yard
- InteriorCeilingFans, StoneCounters, TileCounters, Unfurnished, AllBedroomsUp, Attic
- Sewer InformationPublicSewer, SewerOnBond, SewerTapPaid
- Exterior MaterialsLighting, RainGutters
- FoundationConcretePerimeter
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,650,000
- MLS #SR24242345
- MLS #SR24242345
- Property SubtypeApartment
- Cost1650000
- Acres0.1711
- Utility SourcePublic
- Year Built1991
- Stories2
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Kleemann (#F210066709)
Listing Office: Rodeo Realty (#F2918002)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
