14112 Delano Street

Van Nuys, CA 91401 Active for $1,650,000
 


Beds: N/A  Baths: N/A  Structure Size: N/A sqft  Lot Size: 7,453 sqft


Property Facts
MLS SR24242345
Year Built 1991
Property Type Apartment
County Los Angeles
Status Active
Active $1,650,000
Structure Size N/A sqft
Lot Size 7,453 sqft
Beds N/A
Baths N/A

Description

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.

Listing information courtesy of: Steven Kleemann, Rodeo Realty 818-349-9997. *Based on information from the Association of REALTORS/Multiple Listing as of 01/26/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.


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