14914 Sylvan Street, Van Nuys, California 91411, Van Nuys, 91411 - 4 bed, 3 bath
ACTIVE$1,300,000
14914 Sylvan Street, Van Nuys, California 91411
4Beds
3Baths
2,606Sqft
8,777Lot
Year Built
1954
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$499
HOA
-
Days on market
-
Sold On
-
MLS number
SR24193608
Home ConditionFair
Features
Good View: Neighborhood
ViewNeighborhood
About this home
We found 2 Cons,3 Pros. Rank: price - $1.30M(50th), sqft - 2606(50th), beds - 4(50th), baths - 3(50th).
Triplex in the Heart of Van Nuys, front unit 2br-1bath-2 back units 1br-1ba each, easy access to Freeways and all amenities, potential development opportunity or live in one and rent other 2 units
Condition Rating
Fair
The property was built in 1954. Based on the description, it's a triplex, suggesting it may have had some updates over time. However, without specific details on kitchen and bathroom renovations and given the age, it likely requires some updates to meet modern standards. The image URL provides limited information, but the age of the property suggests a 'fair' condition is most appropriate.
Pros & Cons
Pros
Income Potential: Triplex property offers immediate income potential with two 1-bedroom units and one 2-bedroom unit.
Location: Located in the heart of Van Nuys with easy access to freeways and amenities, increasing tenant appeal.
Development Opportunity: Large lot size (8,777 sqft) presents a potential development opportunity for expansion or redevelopment.
Cons
Age: Built in 1954, the property may require updates or renovations to meet modern standards.
Maintenance: As an older triplex, ongoing maintenance and potential repairs should be anticipated.