14623 Calvert St - Apartments FOR SALE


Van Nuys, CA 91411
$1,950,000 USD
310-328-5208
14623 Calvert St, Van Nuys, CA for Sale
$1,950,000 USD
Apartments - FOR SALE
1/5
null | 5.3% Cap Rate

14623 Calvert St
Van Nuys, CA 91411


HIGHLIGHTS

  • Earthquake Retrofit Complete | New Roof in 2019, New Rain Gutters in 2023 and New Electrical Panels in 2024
  • Value-Add Opportunity with Over 33% Upside in Rents
  • Qualified Opportunity Zone - Eligible for Federal Tax Incentive
  • Individually Metered for All Utilities, Ownership Only Pays for Common Area Electricity
  • Potential to Add Three (3) ADUs - Buyer to Verify

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

9

PRICE/UNIT

$216,667

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,691 SF

ZONING

LAR3

APN/PARCEL ID

2241-019-020

ASK ABOUT THIS PROPERTY

Jonathan KrikorianIREA, Inc.More Info
310-328-5208

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Jonathan KrikorianIREA, Inc.More Info
310-328-5208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.