14216 Calvert St, Van Nuys, CA 91401

Financial MetricsTHIS IS A SPECIAL DELIMITER SENTENCE. Financial MetricsTHIS IS A SPECIAL DELIMITER SENTENCE - 5.28% Cap Rate, 10.81 GRM, 104% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. Property FeaturesTHIS IS A SPECIAL DELIMITER SENTENCE. Property FeaturesTHIS IS A SPECIAL DELIMITER SENTENCE - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. ADU PotentialTHIS IS A SPECIAL DELIMITER SENTENCE. ADU PotentialTHIS IS A SPECIAL DELIMITER SENTENCE - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. Unit MixTHIS IS A SPECIAL DELIMITER SENTENCE. Unit MixTHIS IS A SPECIAL DELIMITER SENTENCE - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. Location BenefitsTHIS IS A SPECIAL DELIMITER SENTENCE. Location BenefitsTHIS IS A SPECIAL DELIMITER SENTENCE - 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 ScoreTHIS IS A SPECIAL DELIMITER SENTENCE. Walk ScoreTHIS IS A SPECIAL DELIMITER SENTENCE - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. Owner OccupyTHIS IS A SPECIAL DELIMITER SENTENCE. Owner OccupyTHIS IS A SPECIAL DELIMITER SENTENCE - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.