14112 Delano Street, Van Nuys, CA 91401

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Property 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.


Interior Features

Laundry Information
Location(s) Common Area, Laundry Room, Outside
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Laminate, Tile
Interior Information
Features Ceiling Fan(s), Stone Counters, Tile Counters, Unfurnished, All Bedrooms Up, Attic
Cooling Type Central Air

Listing Information

Address 14112 Delano Street
City Van Nuys
State CA
Zip 91401
County Los Angeles
Listing Agent Steven Kleemann DRE #00748358
Courtesy Of Rodeo Realty
List Price $1,650,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 7,453
Year Built 1991

Listing information courtesy of: Steven Kleemann, Rodeo Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 8:27 PM 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.