14240 Delano Street
Van Nuys, CA, 91401
$1,075,000
Beds
0 Baths
SqFt
0.17 Acres
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NAI Capital Commercial is proud to present an exceptional investment opportunity: the "Twin Sister" 4-plexes at 14240 & 14244 Delano Street, Van Nuys. Affordable: Each Property Priced at ($1,075,000!) Ideally located in a high-demand rental corridor, these gated properties are offered as a pair (to be sold concurrently) and sit on a spacious double LAR3-zoned lot totaling 15,003 SF. Each building features a desirable and in-demand unit mix of four large 2-bedroom, 1-bath apartments. These side-by-side quads provide a total of 8 income-producing units, each thoughtfully designed and housed within Cape Cod-inspired architecture, exuding charm and curb appeal. With existing rents approximately 68% below market, this asset offers a significant value-add opportunity through unit modernization and lease repositioning. Furthermore, the private garages at the rear of the property presents the opportunity to potentially add 2 ADU’s (buyer to verify with the city of Los Angeles). If you’re an investor seeking a sound, long term, value-add investment with huge rental upside, or a 1031 exchange buyer seeking a solid upleg or downleg, Contact NAI Capital Commercial today to receive the full investment package.

Property Details

Price:
$1,075,000
MLS #:
25537357
Status:
Active
Baths:
0
Address:
14240 Delano Street
Type:
Residential Income
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
May 12, 2025
State:
CA
ZIP:
91401
Lot Size:
7,503 sqft / 0.17 acres (approx)
Year Built:
1948
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14240 Delano Street
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