14622 Sylvan St - Apartments FOR SALE


Van Nuys, CA 91411
$1,250,000 USD
818-381-6601
14622 Sylvan St, Van Nuys, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/28
null | 5.86% Cap Rate

14622 Sylvan St
Van Nuys, CA 91411


HIGHLIGHTS

  • Great Van Nuys Location
  • On-Site Parking
  • I-405 Freeway Nearby
  • Rental Upside
  • Secure/Gated Entry
  • Individually Metered For Gas & Electric

OVERVIEW

14622 Sylvan Street presents a well-located 6-unit multifamily investment opportunity in the heart of Van Nuys. Situated in a high-demand rental pocket of the San Fernando Valley, this property offers investors a strong unit mix and desirable amenities that support long-term tenancy and consistent cash flow. The building features a solid unit mix of three 1-bedroom/1-bath units and three 2-bedroom/1-bath units, appealing to a wide range of renters. Each unit is individually metered for gas and electricity, allowing for reduced owner expenses and improved operational efficiency. Tenants also benefit from gated on-site parking, enhancing convenience and security. Located just minutes from the I-405 and CA-101 freeways, the property offers excellent regional access throughout Los Angeles. Residents enjoy close proximity to Van Nuys Costco, nearby shopping centers, dining options, and public transportation, including the Metro Orange Line, making this an ideal commuter-friendly location. With its strong location, functional layout, and essential amenities, 14622 Sylvan Street represents an attractive opportunity for investors seeking stable income in a proven rental market with long-term upside potential. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$288 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

5.86%

% 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

1955

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,998 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2241-011-006

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

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