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Triplex | 2 Units Non Rent Control 14251-14253 Vanowen St

3 Unit Apartment Building $1,149,000 ($383,000/Unit) 4.07% Cap Rate Van Nuys, CA 91405

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Investment Highlights

Non Rent Control Duplex Built in 2013!
Tenant Pays Utilities
Roof, Plumbing, & Electrical in Good Condition

Individually Metered For Gas, Electric, Water
On-Site Parking
Great Owner/User Opportunity

Executive Summary

Welcome to 14253 Vanowen St, an exceptional non-rent control duplex built in 2013, and SFR Built in 1923, offering versatility and convenience in the heart of Van Nuys. This property is an incredible opportunity for owner-users or savvy investors looking to capitalize on the high demand for rentals in this thriving neighborhood.
The unit mix features two distinct layouts:2, 2-bedroom, 1-bath units and a spacious 3-bedroom, 1-bath single-family residence. Both units are thoughtfully designed with modern comforts, including on-site laundry facilities in each unit and dedicated parking. The property’s individual metering for gas, electric, and water provides an added layer of convenience and cost efficiency for tenants or owners.
With its robust construction and recent updates, the roof, plumbing, and electrical systems are in excellent condition, ensuring peace of mind for years to come. The property’s strategic location offers easy access to nearby shopping centers, public transit options, and essential services, making it a highly desirable location for renters and homeowners alike.
Whether you're seeking a comfortable home with rental income potential or a well-maintained investment property, 14253 Vanowen St delivers on all fronts. Don’t miss this rare opportunity to own a duplex in one of Van Nuys’ most sought-after neighborhoods!

14251-14253 VANOWEN ST- MARKETING

Property Facts

Price	$1,149,000	Lot Size	0.17 AC
Price Per Unit	$383,000	Building Size	2,588 SF
Sale Type	Investment	Average Occupancy	100%
Cap Rate	4.07%	No. Stories	1
No. Units	3	Year Built/Renovated	1923/2013
Property Type	Multifamily	Parking Ratio	2.32/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,149,000
Price Per Unit	$383,000
Sale Type	Investment
Cap Rate	4.07%
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Lot Size	0.17 AC
Building Size	2,588 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	1923/2013
Parking Ratio	2.32/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.