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Listed by Sarkis Kalinyan, DRE #01294788 • Coldwell Banker Hallmark Realty
$ 2,288,888
Est. payment /mo
Price Dropped by $910K
14218 Sylvan ST Van Nuys, CA 91401
8,783 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26108071
Year Built 1964
Lot Size 8,783 Sqft
Source California Regional MLS
Property Description
This well-maintained 9-unit apartment building in Van Nuys features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors Smart utility management and sustainable operational features are key to optimizing net operating income. 14218 Sylvan St is equipped with rooftop solar water heating along with two dedicated water reservoirs, helping reduce utility overhead and supporting sustained operational resilience. In modern multifamily management, energy and water infrastructure upgrades represent measurable bottom-line value. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transport
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Cooling Window / Wall Unit
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Garage Spaces 13.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 2240017007
Special Listing Condition Not Applicable
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