14240--14244 Delano Street

    Van Nuys, CA 91401
    • $1,799,950
    • STATUS: Pending
    • ON SITE: 24 days
    • ID#: SR20023448
    Pending
    UPDATED: 140 min ago
    $1,799,950
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,600
      SQFT
    • $237
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Two fourplexes, each on separate parcel, sharing a common center driveway. Detached eight-car garage along rear of lot. Run as an eight-unit complex, but actually two four-unit properties. See your lender - Purchase should qualify for two FHA conforming residential loans. Property subject to the Los Angeles City Rent Stabilization Ordinance. Long term ownership - Property has been in same family for three generations.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/102846542

    14240--14244 Delano Street Van Nuys, CA 91401

    • Price: $1,799,950
    • Status: Pending
    • Updated: 140 min ago
    • ID#: SR20023448
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    7,600
    SQFT
    $237
    $/SQFT
    1948
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    Two fourplexes, each on separate parcel, sharing a common center driveway. Detached eight-car garage along rear of lot. Run as an eight-unit complex, but actually two four-unit properties. See your lender - Purchase should qualify for two FHA conforming residential loans. Property subject to the Los Angeles City Rent Stabilization Ordinance. Long term ownership - Property has been in same family for three generations.
    Exterior Features

    Garage Spaces 8.00 Lot Features Lot 10000-19999 SqftRectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 17.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features See Remarks

    Property Features

    Additional Parcels Description 2240021003 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 6.98 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 2490.00 Gross Income 111657.00 Gross Multiplier 14.30 Gross Scheduled Income 111657.00 Insurance Expense 1356.00 Land Lease YN No Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 8933.00 Maintenance Percent 8.00 Net Operating Income 55787.00 New Construction YN No New Taxes Expense 20000.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Number Of Units Leased 8 Operating Expense 55870.00 Pest Control Expense 692.00 Professional Management Expense 6500.00 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 111657.00 Total Expenses 55870.00 Trash Expense 3396.00 Water Sewer Expense 12503.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Erich Kroy of California R.E.Service


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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