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Van Nuys, CA 91401 14106 Delano Street

$1,725,000

Sold: Apr 26, 2024
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Presented By: Steven Kleemann with Rodeo Realty; 818-606-3862
  • MLS# SR24029558
  • 03/12/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 5,528
  • GarageGarage • 9

Home Details

Great Investment Opportunity on this Gated 9 unit Apartment Building with 2- 2 bedroom + 1.5 bath units and 7- 1 bedroom + 1 bath units. This Pride of ownership gated building has subterranean covered parking with 1 parking space per unit. Each unit has a storage cabinet above their parking space. There is a large onsite laundry room. Building is Seismic retrofitted and in great condition with newer roof, newer plumbing, recently updated electrical, some newer windows and partially painted. Great location near Van Nuys City Hall, courthouse and walking distance to Metro Busway Transportation. This Retro Looking building has been in a few movies because of it's look. Extra income was generated for the owner and tenants. Tremendous upside in rents. All tenants paid during Covid.
Presented By: Steven Kleemann with Rodeo Realty; 818-606-3862

General for 14106 Delano Street

Additional Parcels Y/NNo
AppliancesDisposal, GasOven, GasRange, GasWaterHeater, RangeHood, VentedExhaustFan, WaterHeater
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Buyer FinancingCash
Carport Spaces0.0
Carport Y/NNo
CityVan Nuys
Close Price1600000.0
Community FeaturesCurbs, Gutters, StormDrains, Sidewalks, Valley
Construction MaterialsStucco
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
Days on Market18
DirectionsNorth of Oxnard West of Hazeltine
DisclosuresFamilialRelation, PrincipalisRealEstateLicensed, RentControl
Entry Locationground with steps
Facing DirectionNorth
Fuel Expense2877.0
Garage Spaces9.0
Garage Y/NYes
Gross Income127740.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3656.0
Interior FeaturesCeilingFans, GraniteCounters, OpenFloorplan, StoneCounters, TileCounters, AllBedroomsDown, BedroomonMainLevel
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, TrustConveyance
Lot Size Square Feet7478.0
MLS AreaVN - Van Nuys
MaintenanceExpense2214.0
MobileHomeRemainsYNNo
Net Operating Income97671.0
New ConstructionNo
Open Parking Spaces0.0
Operating Expense30069.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Flat, Shingle
Security FeaturesCarbonMonoxideDetectors, SecurityGate, ResidentManager, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer, SewerTapPaid
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusClosed
StatusClosed
Stories1
Street NameDelano
Tax Lot12
Tenant PaysElectricity, Gas, TrashCollection
Total Units9
Trash Expense0.0
UtilitiesElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerAvailable, SewerConnected, WaterAvailable, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense12324.0
Waterfront Y/NNo
Year Built1963
Year Built SourceAssessor
ZoningLAR3

Interior for 14106 Delano Street

Air Conditioning Y/NYes
Basement (Y/N)No
BuyerOfficeEmailcorporate@legionsbank.com
Common WallsNoCommonWalls
Electric On Property Y/NNo
Entry Level1
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesCommonArea, WasherHookup, GasDryerHookup, LaundryRoom
Street SuffixStreet
Total Stories2

Exterior for 14106 Delano Street

Building Area Total5528.0
Crops Included Y/NNo
Door FeaturesMirroredClosetDoors, SlidingDoors
FencingBlock, ChainLink, Wood, WroughtIron
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, Garden, Lawn, Landscaped, RectangularLot, StreetLevel, Yard
Lot Size Acres0.1717
Lot Size Area7478.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesAssigned, ControlledEntrance, Concrete, Driveway, Underground, ElectricGate, Gated, Paved, Private, SeeRemarks
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,725,000
MLS#SR24029558
List Date 03/12/2024
Property Type Multi-Family
Phone 714.964.3311
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