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14216 Calvert St
Van Nuys, CA 91401 Van Nuys

$1,150,000 USD

Apartments For Sale  •  6,826 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,826 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1957
  • Zoning LAR3
57 Transit Score
79 Walk Score

Highlights

*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. 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, offering flexibility for owner-users. The 1 BDRs may be turned into 2 BDRs.
*Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub.
*Walk Score* - Very Walkable – 78 Walk Score. Most errands can be accomplished on foot.

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.7 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.1 mi
AirportDriveWalkDistance
Bob Hope 15 min - 6.4 mi
Los Angeles International 31 min - 20.5 mi
Long Beach (Daugherty Field) 49 min - 38.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Kelly Morgan 310-836-3638 Kelly Morgan Multifamily Group
Kelly Morgan 310-836-3638 Kelly Morgan Multifamily Group