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14111 Calvert St

Van Nuys, CA 91401

SOLD
Property Summary

Price:

Cap Rate:

GRM:

Gross Sq Ft:

Lot Size:

Approx Year Built:

Units:

Price Per Unit:

Price Per Sq Ft:

$1,200,000

5.00%

12.81

4,663

7,610

1979

7

$171,428

$257

Deal Highlights

  • Sold at 94% of List Price

  • Multiple Offers

  • All Cash Buyer & Quick Close

Asset Highlights

  • Non Rent Controlled Apartment

  • Upside in Rents

  • Sherman Oaks Adjacent

  • Bright & Spacious Units

  • Dense Rental Pocket of Van Nuys

  • LAR3 Zoning

Property Description

The subject property is located at 14111 Calvert Street in between Hazeltine Avenue and Van Nuys Blvd in the city of Van Nuys.

 

This well maintained and operated non rent controlled 7 unit apartment building was built in 1979. The unit mix consists of six one-bedroom/one bathroom units, and one two-bedroom/one bathroom units. Amenities include gated onsite parking spots and on site laundry services.

 

The subject property is within walking distance to local eateries, the Van Nuys courthouse, and shopping centers as well as within minutes of the 405 and 101 freeways.

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