Active

14216 Calvert Street

Van Nuys, CA 91401

$1,150,000 $4,848/Mo

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Overview

Bed

Bath

5,060

Sqft

6,250

Sqft(Lot)

Description

*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% 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.

Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 65034668

MLS Id : 25545333

Beds : 8

Lot Size : 6,250 Sqft

Living Area Size : 5,060

Year Built : 1957

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 8

Bathroom Information

Total Baths: 7 Full Baths: 0 Half Baths: 0
Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1957 Building Area Total: 5,060

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1435
Lot Size Source: Assessor Lot Size Square Feet: 6250

Listing Price Information

Original List Price: 1,150,000 Listing Contract Date: 2025-05-29
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 2240024008

Garage and Parking

Garage Description: Attached Carport Attached Garage: Yes

Homeowners Association

Other Property Info

Source Listing Status: Active Source Neighborhood: VN - Van Nuys Directions: East of Tyrone Ave, north of G Line Bikeway, south of Delano St, and west of Hazeltine Ave. Zoning: LAR3 Source Property Type: Residential Income Area: VN - Van Nuys
Building and Construction

Property Age: 69 Year Built Source: Assessor Total Square Feet Living: 5060 Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
6443 Longridge, Van Nuys, CA, 91401	$1,149,000	4	3	2,300	2,300 SqFt
6110 Mary Ellen Avenue, Van Nuys, CA, 91401	$1,795,000	3	1	3,085	3,085 SqFt
6717 Nagle, Van Nuys, CA, 91401	$1,998,000	6	7	5,335	5,335 SqFt
13350 Victory Boulevard, Van Nuys, CA, 91401	$1,299,995	7	--	3,468	3,468 SqFt
6723 Sunnyslope Avenue, Van Nuys, CA, 91401	$1,997,000	5	4	2,700	2,700 SqFt
13329 Erwin, Van Nuys, CA, 91401	$1,100,000	4	2	1,984	1,984 SqFt
13520 Victory, Van Nuys, CA, 91401	$3,198,000	--	--	11,124	11,124 SqFt
13522 Delano Street, Van Nuys, CA, 91401	$1,549,000	5	3	3,048	3,048 SqFt
6038 Allott Avenue, Van Nuys, CA, 91401	$1,125,000	3	3	2,070	2,070 SqFt
5836 Hillview Park Avenue, Van Nuys, CA, 91401	$1,699,000	3	2	2,354	2,354 SqFt

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ByOwner last updated this listing 06/06/2026 @ 06:54

MLS: 25545333 LISTED BY: Kelly Morgan, Houze Real Estate Management 323-852-1372 SOURCE: CRMLS