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… Read More 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. Read Less
Courtesy of NAI Capital, Inc. 310-440-8500
Listing Snapshot
Days Online
55
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,800
Lot Size
0.17 Acres
Year Built
1948
MLS Number
25537402
30 Days Snapshot Of 91401
$1.34M
-8%
(avg) sold price
9
-10%
homes sold
60
+50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
3,800 sq ft, Built in 1948, Levels: Two
Cooling
None
Disclosures
None
Garage
Covered Parking, Driveway - Combination
Heating
Wall
Lot
LotAcreage: 0.1722, LotSizeArea: 7,500
Parking
TotalParking: 0
Property
NumberOfUnits: 4, Zoning: LAR3
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