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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.
Property Type(s):
Residential Income
| Last Updated | 3/4/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | VN - Van Nuys | Garage Spaces | 3.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | VN - Van Nuys |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 8503 sq ft |
| LOT DIMENSIONS | 8501 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
Location
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Listed with Keller Williams Palos Verdes
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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