Van Nuys (los Angeles), CA 91401,14249 Sylvan Street
$3,700,000
Est. payment /mo
$3,695,000
0.1%
Est.Price: ?

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7,788 SqFt
SOLD DATE : 11/30/2023

Key Details

Sold Price $3,700,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,788 sqft

Price per Sqft $475

MLS Listing ID CRBB23154703

Sold Date 11/30/23

HOA Y/N No

Year Built 2023

Lot Size 8,749 Sqft

Acres 0.2

Property Description

14249 Sylvan St is a 2023 construction 6-unit located less than 5 minutes from Sherman Oaks in the best area of Van Nuys (steps from the Van Nuys Courthouse). This 6-unit is one of the few new construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant building and leasing up all the units yourself… instead, inherit a smoothly running, ultra-high cap rate property with great tenants! The existing cap rate is a whopping 5.67%! At an impossible to beat price per door of $615,833, this will be gone before you know it. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2023 construction! 14249 Sylvan is made up of one large 4 bed, 4 bath tri-level single family residence, four 3 bed, 3 bath tri-level townhomes style units, a 1 bed, 1 bath unit (ADU) with spacious floorplans, and 10 parking spots (8 garage spots & 2 exterior spots). The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited t

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Heating Other

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Dryer, Tankless Water Heater

Laundry Dryer, Washer, Inside

Exterior

View Y/N true

View Other

Building

Lot Description Other, Back Yard, Front Yard, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 2240016022

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Bridge MLS
Listed by Elizabeth Maddox • The 2-4 Unit Specialists
Bought with GeneralNonmember

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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