14646 Kittridge Street

    Van Nuys, CA 91405
    • $1,299,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: SR20017456
    UPDATED: 136 min ago
    $1,299,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,504
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1936
    County:

    School Ratings & Info

    Description

    Strong cash flow / $7115 per month 5 unit income property located in desirable South Van Nuys location with potential for up to 8 units! R1.5 / 7500 SQFT lot / 4.5-5% CAP rate. Property features one large NON-rent controlled 2070 SQFT 4 bed / 4.5 bath two story detached primary house built in 2003 with two car attached garage (14646 Kittridge). Separate rear 4 unit building (14648 Kittridge #A-D ) featuring two 1 bed / 1 bath units and two studio units with one uncovered off street parking space per unit. Tenants pay for all utilities other than water. 1/1 Unit #A vacant on March 1st. Certificate of Occupancy for 2 of the 4 rear units pending active LADBS permit completion. DO NOT DISTURB. Text or email listing agent for further details.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. 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/102810808

    14646 Kittridge Street Van Nuys, CA 91405

    • Price: $1,299,000
    • Status: Active
    • Updated: 136 min ago
    • ID#: SR20017456
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,504
    SQFT
    $288
    $/SQFT
    1936
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    Strong cash flow / $7115 per month 5 unit income property located in desirable South Van Nuys location with potential for up to 8 units! R1.5 / 7500 SQFT lot / 4.5-5% CAP rate. Property features one large NON-rent controlled 2070 SQFT 4 bed / 4.5 bath two story detached primary house built in 2003 with two car attached garage (14646 Kittridge). Separate rear 4 unit building (14648 Kittridge #A-D ) featuring two 1 bed / 1 bath units and two studio units with one uncovered off street parking space per unit. Tenants pay for all utilities other than water. 1/1 Unit #A vacant on March 1st. Certificate of Occupancy for 2 of the 4 rear units pending active LADBS permit completion. DO NOT DISTURB. Text or email listing agent for further details.
    Exterior Features

    Garage Spaces 2.00 Lot Features 2-5 Units/Acre Lot Size Source Appraiser Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    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 2+ Common Walls Heating Central Heating YN Yes Laundry Features In Garage Levels OneTwo

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.75 Community Features CurbsSidewalksStreet LightsSuburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 85380.00 Insurance Expense 1562.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2500.00 Net Operating Income 62206.00 New Construction YN No New Taxes Expense 14312.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 20674.00 Professional Management Expense 0.00 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 7114.93 Total Expenses 23174.00 Trash Expense 0.00 Vacancy Allowance 2500 Water Sewer Expense 4800.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Aaron Samson of Coldwell Banker Residential Brokerage


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-23T00:26:41.033. 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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