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14216 Calvert Street
USD 1,150,000
Property ID: 25545333
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14216 Calvert Street ,91401
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icon 6250 SqFt
icon Built in 1957
icon USD 184/SqFt
icon 8 Beds
icon 7 Full
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Location
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Interior Details
Bedrooms
8
Bathrooms
7
Interior Size
5060
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1957
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Detailed Introduction Of This Home
*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. Plans will be provided.*ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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14216 Calvert Street
USD 1,150,000 8 Beds
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