14764 Sylvan Street
Property Overview
14764 Sylvan Street presents the opportunity to acquire an eight-unit apartment building in Van Nuys featuring spacious two-bedroom, 2.5-bathroom townhome-style units with strong in-place income and additional rental upside. Built in 2007, the property is significantly newer than much of the surrounding multifamily inventory and offers approximately 1,240 to 1,410 square feet per unit, with an average unit size of approximately 1,294 square feet. Current monthly rents total approximately $23,950 compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income potential. Each of the eight units has an individual APN, creating the potential for a future condominium conversion and individual unit sell-off strategy, subject to applicable documentation and approvals. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.
Home Details
- Property type
- Residential Income
- Year built
- 2007
- Lot size
- 8,712 sq ft
- Parking
- 8 spaces
- Stories
- 2
- Days on market
- 163
- MLS status
- Active
Features & Amenities
Parking
- Underground
Location & Neighborhood
Frequently Asked Questions About 14764 Sylvan Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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