1 - 14148 Calvert Street
1 - 14148 Calvert Street

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2 - 14148 Calvert Street
2 - 14148 Calvert Street

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6 - 14148 Calvert Street
6 - 14148 Calvert Street

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1 - 14148 Calvert Street
1 - 14148 Calvert Street

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14148 Calvert Street

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:

$1,140,000

4.75%

13.56

5,230

6,242

1964

7

$162,857

$218

Deal Highlights
  • Multiple Offers

  • 30 Day Close

  • First Time Multi-Family Buyer

Asset Highlights
  • Adjacent to Sherman Oaks

  • Significant Upside in Rents

  • Copper Plumbing

  • Majority Units Include Granite Counter Tops/Tile Floors

  • Well-Maintained Building

  • Dense Rental Pocket of Van Nuys

  • Close to Shopping, Public Transportation, Entertainment,

  • Schools, Major Freeways, and Employment

  • On-Site Laundry

Property Description

The Frydman Group is proud to present 14148 Calvert Street, Van Nuys, CA 91401. Located adjacent to Sherman Oaks and built in 1964, the building is a two-story, 5,230-square foot, seven-unit complex consisting of six one-bedroom\one bathroom units and one two-bedroom\two-bathroom unit. Tenants benefit from the building's amenities such as secured entrance, gated parking, and on-site laundry.

 

The building is perfectly situated in the heart of the valley just south of Victory Boulevard, between Sepulveda Boulevard and Van Nuys Boulevard. The property provides convenient access to both the 101 and 405 freeways, as well as countless places for dining and entertainment.

 

This investment offering provides a savvy investor the opportunity to capitalize on the existing low rents, and own a newer construction, investment property in a strong and centrally located rental pocket of Van Nuys.