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.
MLS #
CRSR24242345
MLS Source
California Regional MLS
Days on Site
12
Kitchen
Exhaust Fan
Appliances
Exhaust Fan, Garbage Disposal, Hood Over Range, Other, Oven Range, Oven Range - Gas
Flooring
Laminate
Laundry
Community Facility
Cooling
Central Forced Air
Heating
Central Forced Air, Forced Air
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Style
Contemporary
Garage/Parking
Assigned Spaces, Gate/Door Opener, Other, Parking Area, Private / Exclusive, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 5 | – |
14112 Delano St is a Residential Income in Van Nuys, CA 91401. This – square foot property sits on a 7,453 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,650,000 and was built in 1991.
This address can also be written as 14112 Delano St, Van Nuys, CA 91401.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Steven Kleemann, (818) 349-9997