Van Nuys, CA 91401,14249 Sylvan ST
Van Nuys, CA 91401,14249 Sylvan ST
Van Nuys, CA 91401,14249 Sylvan ST
45
$3,700,000
$3,695,000
0.1%
Est.Price: ?

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8,746 Sqft Lot

14249 Sylvan ST Van Nuys, CA 91401

Est. payment /mo
SOLD DATE : 11/30/2023

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Key Details

Sold Price $3,700,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB23154703

Sold Date 11/30/23

Construction Status Turnkey

HOA Y/N No

Year Built 2023

Annual Tax Amount $43,066

Lot Size 8,746 Sqft

Property Description

14249 Sylvan St is a 2023 construction 6-unit located less than 5 minutes from Sherman Oaks in the best area of Van Nuys (steps from the Van Nuys Courthouse). This 6-unit is one of the few new construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant building and leasing up all the units yourself… instead, inherit a smoothly running, ultra-high cap rate property with great tenants! The existing cap rate is a whopping 5.67%! At an impossible to beat price per door of $615,833, this will be gone before you know it. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2023 construction!

14249 Sylvan is made up of one large 4 bed, 4 bath tri-level single family residence, four 3 bed, 3 bath tri-level townhomes style units, a 1 bed, 1 bath unit (ADU) with spacious floorplans, and 10 parking spots (8 garage spots & 2 exterior spots). The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, private rear yards, high ceilings, huge walk in closets, balconies off the living space, countless windows everywhere you look allowing for maximum light, natural wood water proof vinyl, and more!

In addition to the high return, buyers will enjoy other perks including: NO RENT CONTROL, tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder's warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Interior

Interior Features Balcony, Open Floorplan, Unfurnished

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Dryer, Washer

Laundry Inside

Exterior

Parking Features Assigned, Driveway, Garage

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 10

Private Pool No

Building

Lot Description Back Yard, Front Yard, Landscaped, Paved, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories One

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 2240016022

Acceptable Financing Submit

Listing Terms Submit

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Elizabeth Maddox • The 2-4 Unit Specialists
Bought with David Fults • Voit Real Estate Services

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