Real estate listing preview #1
listing
1 of 1
Residential IncomeFor Sale
$1,075,000
14240 Delano Street
Van Nuys, CA 91401
Listing Office: Nai Capital, Inc.
MLS: California Regional MLS (CRMLS)
8Beds
4Baths
3,800Sq Ft
Est. Mortgage
$5,649/mo

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.

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Information courtesy of Nai Capital, Inc. is subject to verification and is not guaranteed.
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