Van Nuys, CA 91401,14216 Calvert ST
Van Nuys, CA 91401,14216 Calvert ST
Van Nuys, CA 91401,14216 Calvert ST
Van Nuys, CA 91401,14216 Calvert ST
Van Nuys, CA 91401,14216 Calvert ST
Van Nuys, CA 91401,14216 Calvert ST
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Laure Olsen

Laure Olsen

+1(858) 472-9571
$ 1,150,000
Est. payment | /mo

8 Beds

7 Baths

5,060 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

8 Beds

7 Baths

5,060 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,060 sqft

Price per Sqft $227

MLS Listing ID 25545333

Bedrooms 8

HOA Y/N No

Year Built 1957

Lot Size 6,250 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Attached Carport

Total Parking Spaces 8

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2240024008

Special Listing Condition Standard

CRMLS – RECore
Listed by Kelly Morgan Houze Real Estate Management

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Ararat Charter

    Public | KG - 5

  • 9

    Dixie Canyon Community Charter

    Public | KG - 5

  • 8

    Hesby Oaks Leadership Charter

    Public | KG - 8

  • 8

    Kester Elementary / Magnet

    Public | PK - 5

  • 8

    Sherman Oaks Elementary Charter

    Public | KG - 5

  • 8

    Chandler Learning Academy

    Public | KG - 5

  • 7

    Ivy Bound Academy of Math, Science, and Technology

    Public | 5 - 8

  • 7

    Valor Academy Charter

    Public | 5 - 8

  • 6

    Riverside Drive Charter

    Public | KG - 5

  • 6

    Monlux Elementary School

    Public | KG - 5

  • 5

    Cohasset Elementary School

    Public | KG - 5

  • 5

    Noble Avenue Elementary

    Public | KG - 5

  • 5

    Ranchito Avenue Elementary School

    Public | KG - 5

  • 5

    Kittridge Street Elementary

    Public | PK - 5

  • 5

    Erwin Elementary

    Public | KG - 5

  • 5

    Coldwater Canyon Elementary School

    Public | KG - 5

  • 5

    Strathern Elementary School

    Public | PK - 5

  • 5

    Burbank Boulevard Elementary

    Public | PK - 5

  • 4

    Valerio Elementary School

    Public | PK - 5

  • 4

    Michelle Obama Elementary

    Public | KG - 5

Middle Schools 10
  • 6

    Millikan Middle School

    Public | 6 - 8

  • 5

    Madison Middle School

    Public | 6 - 8

  • 4

    Robert Fulton College Prep

    Public | 6 - 12

  • 4

    Richard E. Byrd Middle School

    Public | 6 - 8

  • 2

    Vista Middle School

    Public | 6 - 8

  • 1

    Van Nuys Middle School

    Public | 6 - 8

  • 0

    Los Angeles Hebrew High School

    Private | 7 - 12

  • 0

    Options for Youth-Hermosa Beach, Inc.

    Public | 7 - 12

  • 0

    Harvard-Westlake School

    Private | 7 - 12

  • 0

    Emerson Academy

    Private | 6 - 12

High Schools 17
  • 7

    Van Nuys Senior High School

    Public | 9 - 12

  • 6

    CHAMPS - Charter High School of the Arts - Multimedia and Performing

    Public | 9 - 12

  • 6

    Ulysses Grant High School

    Public | 9 - 12

  • 5

    Valor Academy Charter High School

    Public | 9 - 12

  • 4

    Francis Polytechnic Senior High School

    Public | 9 - 12

  • 2

    Jack London Community Day

    Public | 9 - 12

  • 1

    Panorama High School

    Public | 9 - 12

  • 0

    Will Rogers Continuation

    Public | 9 - 12

  • 0

    Cal Burke High School

    Public | 9 - 12

  • 0

    St Genevieve High School

    Private | 9 - 12

  • 0

    Notre Dame High School

    Private | 9 - 12

  • 0

    Academy of Amherst Jr-Sr High School

    Private | 10 - 12

  • 0

    Jack London Continuation

    Public | 9 - 12

  • 0

    Coldwater Canyon Preparatory

    Private | 9 - 12

  • 0

    Valley Torah High School

    Private | 9 - 12

  • 0

    Valley Torah

    Private | 9 - 12

  • 0

    Robert H. Lewis Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Laure Olsen

+1(858) 472-9571

laureolsen67@gmail.com

UTC: 4275 Executive Square, Jolla, CA, 92037

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14216 Calvert ST