14153 Sylvan, Van Nuys, California 91401, Van Nuys, 91401 - bed, bath
14153 Sylvan
Van Nuys, California 91401
Property Price
SUMMARY
Analysis of 14153 Sylvan, Van Nuys, California 91401 is currently available with a list price of $1,299,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Van Nuys Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1948, this property is explicitly marketed as a redevelopment and value-add opportunity. The aging infrastructure, outdated exterior features, and the listing's focus on the potential to replace the existing 6 units with a 25-unit complex indicate that the current structures are near the end of their functional lifespan and require substantial rehabilitation or demolition to reach highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Redevelopment Potential
The property offers a substantial value-add opportunity with the potential to add up to 7 additional units or redevelop the site into a 25-unit complex, providing massive long-term upside.
- Immediate Cash Flow
Operating at a current 5% cap rate with stable tenants in place, this 6-unit property provides immediate income and financial stability from day one of ownership.
- Strategic Civic Location
Ideally situated near the Van Nuys Civic Center and the 101 Freeway, the property benefits from high demand due to its proximity to major government hubs and transportation corridors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1948, the property may require significant capital expenditures for repairs or modernization to maintain its competitive edge and support higher pro forma rents.
- Entitlement Uncertainty
The projected unit expansion and redevelopment density are preliminary and require the buyer to navigate complex City of Los Angeles zoning and verification processes.
About 14153 Sylvan
Exceptional value-add and redevelopment opportunity at 14153 Sylvan St in Van Nuys. This 6-unit income-producing property is currently operating at approximately a 5% cap rate based on current financials. Preliminary analysis indicates potential to add up to 7 additional units or redevelop the site to approximately 25 units (buyer to verify zoning, density, and development potential with the City of Los Angeles). Pro forma projections suggest cap rate could potentially increase to 6% + with expansion; all projections and assumptions to be independently verified by buyer. Property will be delivered with tenants in place, providing immediate income. Tenancy reflects stable occupancy (buyer to verify all leases and terms). Strategically located near the Van Nuys Civic Center, including police station, courthouse, fire department, and convenient access to the 101 Freeway. Attractive $1.299M entry price with strong long-term upside.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1948
- Lot Size
- 8,501 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1948 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,299,000
Initial Listing
Sold
Aug 20, 2004
$655,000
Public Record
Sold
Jul 15, 2003
$432,500
Public Record