Properties

Van Nuys, CA 91401 14216 Calvert Street

14216 Calvert Street Van Nuys, CA - Image 114216 Calvert Street Van Nuys, CA - Image 214216 Calvert Street Van Nuys, CA - Image 3
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14216 Calvert Street Van Nuys, CA - Image 414216 Calvert Street Van Nuys, CA - Image 5
Presented By: Kelly Morgan with Houze Real Estate Management;
  • MLS# 25545333
  • 05/29/2025
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  • Beds • 8
  • Baths • 1
  • SQFT • 5,060

Home Details

*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.
Presented By: Kelly Morgan with Houze Real Estate Management;

Interior Features for 14216 Calvert Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Heating Y/NYes
Total Stories2

General for 14216 Calvert Street

Attached Garage Yes
Carport Y/NYes
CityVan Nuys
CountyLos Angeles
DirectionsEast of Tyrone Ave, north of G Line Bikeway, south of Delano St, and west of Hazeltine Ave.
Full Baths
Gross Income152428
HOANo
HeatingWallFurnace
LevelsTwo
Living Area5060
Lot Size Square Feet6250
Lot Size UnitsSquareFeet
MLS AreaVN - Van Nuys
Net Operating Income103198
New ConstructionNo
Number Of Units Total6
PostalCityVAN NUYS
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1957
Year Built SourceAssessor
ZoningLAR3

Exterior for 14216 Calvert Street

Building Area Total5060
Lot Size Acres0.1435
Lot Size Area6250
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesAttachedCarport
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,150,000
MLS#25545333
List Date 05/29/2025
Property Type Single Family
Phone 888.795.6274
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