*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.
Property Details
Price:
$1,150,000
MLS #:
25545333
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
vnvannuys
Listed Date:
May 29, 2025
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Attached Carport
Parking Spots
8.00
Financial
Map
Community
- Address14216 Calvert Street Van Nuys CA
- NeighborhoodVN – Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91401
Subdivisions in Van Nuys
Market Summary
Current real estate data for Residential Income in Van Nuys as of Oct 21, 2025
54
Residential Income Listed
152
Avg DOM
$2,390,272
Avg List Price
Property Summary
- 14216 Calvert Street Van Nuys CA is a Residential Income for sale in Van Nuys, CA, 91401. It is listed for $1,150,000
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