• 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/8d7a7710-8dca-4b08-99d0-2613012e2561.jpg
  • 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/a10db703-cfb3-428b-80e3-ce00d7c6454c.jpg
  • 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/5159c873-b96f-453f-a2a9-002526a2e3f1.jpg
  • 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/2791aeb2-cb5f-4488-b39d-1c58f6b676be.jpg
  • 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/0325baaf-3530-4a2d-81f5-816fac07667f.jpg
  • 14216 Calvert Street, Van Nuys CA: https://media.crmls.org/mediaz/2ba9a59f-1efd-4100-a828-e44e9c1df16a.jpg

14216 Calvert Street, Van Nuys, CA 91401

| 5,060 SQ/FT

Offered at $1,150,000

*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, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. 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.