14157 Calvert St - Apartments FOR SALE


Van Nuys, CA 91401
$1,500,000 USD
310-270-6616
14157 Calvert St, Van Nuys, CA for Sale
$1,500,000 USD
Apartments - FOR SALE
1/6
null | 4.55% Cap Rate

14157 Calvert St
Van Nuys, CA 91401


HIGHLIGHTS

  • No onsite manager required
  • Onsite laundry, onsite parking
  • Significant potential upside of 65% to Rents

OVERVIEW

JNM Realty proudly presents, on an exclusive basis, 14157 Calvert St, an eight (8) unit apartment community in Van Nuys that has been well maintained and strategically improved. The property features a unit mix of one (1) studio unit, six (6) two-bed, one-bath units, and one (1) two-bed, two-bath unit, approximately 600,800, and 900 sqft each, respectively. The fully occupied units offer a stable operational foundation with approximately 65% upside to Rents. Recent capital improvements include upgrades to plumbing. The asset is offered at the second lowest price per unit ($187,500) and price per square foot ($226.83) among sales comps within a one-mile radius since July 2025. This positions the property as one of the most attractively priced opportunities in the submarket. This opportunity is available alongside 6537-6543 Woodley Ave, Van Nuys, CA as a portfolio or separately.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$227 USD /SF

# OF UNITS

8

PRICE/UNIT

$187,500

CAP RATE

4.55%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2240-022-024

ASK ABOUT THIS PROPERTY

Demis DokhanianJNM RealtyMore Info
310-270-6616

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Demis DokhanianJNM RealtyMore Info
310-270-6616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.