Description
We are proud to present 14317 haynes street, a rare and extensively renovated 7-unit investment opportunity in van nuys, ca. built in 1964, the property sits on a 7,500 sf lot and offers a well-balanced unit mix of (3) one-bed and (4) two-bed / two-bath units, totaling 6,009 gross square feet.this well-maintained asset has undergone significant capital improvements, including all-new copper plumbing, a brand-new roof, a new water heater, and a repaved driveway. additional enhancements include new laundry facilities and equipment (all owned), along with completed seismic retrofitting (2020). the seller strategically opted to defer exterior painting to avoid tenant disruptions and provide a buyer with better leverage for cash-for-keys negotiations. as a result, the seller has not pursued buyouts, leaving room for a buyer to implement their own tenant repositioning strategy. inside, three units (#1, 4, and 7) have been fully upgraded with new stainless-steel appliances, granite countertops, modern cabinetry, updated bathrooms and kitchens, and laminate flooring throughout. the property also features a controlled gated entrance and 7 designated parking spaces, including tuck-under parking.utilities are individually metered for gas and electricity, ensuring lower landlord expenses and a higher noi. additional income streams include laundry revenue and capital reimbursement payments from select tenants.with an estimated 34% rental upside and no major deferred maintenance, 14317 haynes street offers a true value-add opportunity where investors can focus on increasing income without major capital expenditures.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48607872
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 11
Bathroom Information
- Total Baths: 11
- Full Baths: 0
- Half Baths: 0
Heating Source
- Wall Furnace
- Has Heating
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Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 6,009
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1722
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7502
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Listing Information
Listing Price Information
- Original List Price: 1,795,000
- Listing Contract Date: 2025-02-12
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2237012016
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VN - Van Nuys
- Directions: Haynes St & Van Nuys Blvd
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: VN - Van Nuys
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 6009
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 04/02/2025 @ 23:20
- MLS: 25497857
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 11 bedrooms which is for sale, it has 6,009 sqft, 7,502 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Sherman Oaks , in zip code 91401, this Los Angeles County Home , it is in the 4878 Subdivision, are nearby neighborhoods.