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5,060 sqft

$1,150,000

14216 Calvert Street, Van Nuys (los Angeles), Van Nuys ( los Angeles ) CA, 91401

Price per sqft$227.27
Built in1957
Property size5,060 sqft
Property typeOther

Overview

Active

Listed May 29, 2025

Updated Aug 2

*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.

$7,651/mo

Est. mortgage payment based on a $1,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CL25545333

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres
MLS provider logo

Listed by Kelly Morgan, with Houze Real Estate Management
Listing Contact: 310-836-3638 

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