Do Real Estate on the Go!
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Listed by: Kelly Morgan (310) 836-3638 DRE #01898026 | Houze Real Estate Management (323) 852-1372
$1,699,000
5 Beds
- 5 Baths
2,462sqft
14206 Calvert St, Van Nuys, CA 91401
$1,699,000
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Multi Family
Built in 1958
$-- HOA
6,250 sqft lot
$690/sq.ft
Description
Located at 14206 Calvert St in Van Nuys, this vacant 5-unit multifamily building presents a rare RTI opportunity for a 5-unit expansion to act as 9 units, including conversion of units and the addition of an ADU. Two of the top-floor 1+1 units have already been tastefully upgraded (photos shown), with permits fully pulled for conversion of the remaining three units and the addition of three more (including the ADU). Once complete, the property is projected to achieve a 9.38% Cap Rate. Situated near major transportation corridors and job hubs, and surrounded by rapid development, this property is ideal for investors looking to maximize yield through intelligent repositioni...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1958
HOA Fees
-
Finished Area
2,462 sqft
Lot Size
6,250 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25545385
MLS Status
Active
Days on Market
246
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