$1,750,000
For Sale

14739 Delano Street

Van Nuys, CA 91411
6908 sqft | 13 beds | 0.17 acres | #24418407
Listing OfficeCompass
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use---live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.

  • Interior Details
      • Bedrooms13
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1723
      • Square Feet6908
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1963
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,600,000
  • Other
      • MLS #24418407

Location

SparrowLily Realty, Inc.Real Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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