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Listed by Lauren Cearley, DRE #02146823 • Myunits.com Inc.
$ 2,995,000
Est. payment /mo
Active
14111 Sylvan Van Nuys, CA 91401
8,772 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26225130
Year Built 2019
Lot Size 8,772 Sqft
Source California Regional MLS
Property Description
14111 Sylvan St is a 2019 construction 5-unit located in the hottest area of Van Nuys, steps from the Courthouse! This 5-unit is one of the few newer construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant building and leasing up all the units yourself. instead, inherit a smoothly running, ultra-high cap rate property with great tenants! The existing cap rate is a whopping 5.85%! At an impossible to beat price per door of $599,000, this will be gone before you know it. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2019 construction! 14111 Sylvan is made up of one large 4 bed, 4 bath single family residence and four equally as impressive 3 bed, 3 bath units with spacious floorplans, and 10 parking spots. The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, high ceilings,
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Other, Washer, Dryer, 9
Exterior
Parking Features Assigned Spaces
Pool 31, None
View City Lights
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 2240015016
Special Listing Condition Not Applicable
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