14216 Calvert Street

Property Overview

*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% 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.

Home Details

Property type: Residential Income
Year built: 1957
Living area: 5,060 sq ft
Lot size: 6,250 sq ft
Parking: 8 spaces
Stories: 2
Days on market: 428
MLS status: Active
Zoning: LAR3

Features & Amenities

Parking

Attached Carport

Community, Schools & Utilities

Utilities

Heating: WallFurnace

Location & Neighborhood

Van Nuys, CA 91401

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Frequently Asked Questions About 14216 Calvert Street

Property type: Residential Income

The current asking price is $1,150,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 14216 Calvert Street. Our team will confirm availability and timing.

This 8 bedrooms and 7 bathrooms property offers approximately 5,060 square feet of living space. It was built in 1957. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Van Nuys, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Van Nuys property.

The MLS currently reports the property as Active. It has been listed for 428 days. Status can change, so verify availability before relying on it.

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