14206 Calvert Street, Van Nuys, CA 91401

Local realty services provided by:Better Homes and Gardens Real Estate Registry
14206 Calvert Street,Van Nuys, CA 91401
$1,550,000
  • 5 Beds
  • 5 Baths
  • 2,462 sq. ft.
  • Multi-family
  • Active
Listed by:kelly morgan
Office:houze real estate management
MLS#:25545385
Source:CRMLS

Price summary

  • Price:$1,550,000
  • Price per sq. ft.:$629.57

About this home

Located at 14206 Calvert St in Van Nuys, this vacant 5-unit multifamily building presents a rare RTI opportunity for a 9-unit expansion, including conversion of units and the addition of an ADU. Two of the top-floor 1+1 units have already been tastefully upgraded (photos shown), with permits fully pulled for conversion of the remaining three units and the addition of three more (including the ADU). Once complete, the property is projected to achieve a 9.36% Cap Rate.Situated near major transportation corridors and job hubs, and surrounded by rapid development, this property is ideal for investors looking to maximize yield through intelligent repositioning. With all plans RTI and the property delivered vacant, you can start construction immediately and capture rental upside in one of the San Fernando Valley's most active submarkets.Potential ARV (Resale Value) after Upgrades/ADU @ 6% Cap $3,075,000 OR Refi Out Most of Your Capital After Upgrades/ADU$2,080,000

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Home facts

  • Year built:1958
  • Listing ID #:25545385
  • Added:119 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Living area:2,462 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:2,462 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,550,000
  • Price per sq. ft.:$629.57
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