CA > Van Nuys
Van Nuys, CA 91401,14244 Delano ST
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$1,075,000
Est. payment /mo
8 Beds
4 Baths
3,800 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $282

MLS Listing ID 25537402

Bedrooms 8

HOA Y/N No

Year Built 1948

Lot Size 7,501 Sqft

Property Description

NAI Capital Commercial is proud to present an exceptional investment opportunity: the "Twin Sister" 4-plexes at 14240 & 14244 Delano Street, Van Nuys. Affordable: Each Property Priced at ($1,075,000!) Ideally located in a high-demand rental corridor, these gated properties are offered as a pair (to be sold concurrently) and sit on a spacious double LAR3-zoned lot totaling 15,003 SF. Each building features a desirable and in-demand unit mix of four large 2-bedroom, 1-bath apartments. These side-by-side quads provide a total of 8 income-producing units, each thoughtfully designed and housed within Cape Cod-inspired architecture, exuding charm and curb appeal. With existing rents approximately 68% below market, this asset offers a significant value-add opportunity through unit modernization and lease repositioning. Furthermore, the private garages at the rear of the property presents the opportunity to potentially add 2 ADU's (buyer to verify with the city of Los Angeles). If you're an investor seeking a sound, long term, value-add investment with huge rental upside, or a 1031 exchange buyer seeking a solid upleg or downleg, Contact NAI Capital Commercial today to receive the full investment package.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Covered, Driveway

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2240021003

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin Kawaoka • NAI Capital, Inc.

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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