14240 Delano Street
Van Nuys, CA 91401
- – beds
- – baths
- – sqft
- 7,503 sqft lot
- 1948 build
- – on site
NAI Capital Commercial is proud to present an exceptional investment opportunity: the "Twin Sister" 4-plexes at 14240 & 14244 Delano Street, Van Nuys. Affordable: Each Property Priced at ($1,075,000!) Ideally located in a high-demand rental corridor, these gated properties are offered as a pair (to be sold concurrently) and sit on a spacious double LAR3-zoned lot totaling 15,003 SF. Each building features a desirable and in-demand unit mix of four large 2-bedroom, 1-bath apartments. These side-by-side quads provide a total of 8 income-producing units, each thoughtfully designed and housed within Cape Cod-inspired architecture, exuding charm and curb appeal. With existing rents approximately 68% below market, this asset offers a significant value-add opportunity through unit modernization and lease repositioning. Furthermore, the private garages at the rear of the property presents the opportunity to potentially add 2 ADU's (buyer to verify with the city of Los Angeles). If you're an investor seeking a sound, long term, value-add investment with huge rental upside, or a 1031 exchange buyer seeking a solid upleg or downleg, Contact NAI Capital Commercial today to receive the full investment package.
Last checked:
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Last updated May 12, 2025
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MLS# 25537357 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1948
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New Construction:No
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Building Area Total:3800.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North of Oxnard St, East of Van Nuys Ave, West of Hazeltine Ave
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Latitude:34.18236200
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Longitude:-118.44366800
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:7503.0000
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Lot Size Acres:0.1722
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Lot Size SqFt:7503.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2240021004
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:16.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/12/25
May 12, 2025
|
Listed / Active | CRMLS_CA | $1,075,000 | |
|
6/5/23
Jun 5, 2023
|
Listed / Active | BRIDGE | ||
|
6/22/22
Jun 22, 2022
|
Price Changed | CRMLS_CA |
