Exceptional value-add and redevelopment opportunity at 14153 Sylvan St in Van Nuys. This 6-unit income-producing property is currently operating at approximately a 5% cap rate based on current financials. Preliminary analysis indicates potential to add up to 7 additional units or redevelop the site to approximately 25 units (buyer to verify zoning, density, and development potential with the City of Los Angeles). Pro forma projections suggest cap rate could potentially increase to 6% + with expansion; all projections and assumptions to be independently verified by buyer. Property will be delivered with tenants in place, providing immediate income. Tenancy reflects stable occupancy (buyer to verify all leases and terms). Strategically located near the Van Nuys Civic Center, including police station, courthouse, fire department, and convenient access to the 101 Freeway. Attractive $1.299M entry price with strong long-term upside.
MLS #
CRSB26013940
MLS Source
California Regional MLS
Days on Site
6
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Garage: 3 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | – |
14153 Sylvan is a Residential Income in Van Nuys, CA 91401. This – square foot property sits on a 8,501 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,299,000 and was built in 1948. This address can also be written as 14153 Sylvan, Van Nuys, CA 91401.
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This listing information is up-to-date as of March 06, 2026. For the most current information, please contact Michelle Pentreath