CA > Van Nuys
Van Nuys, CA 91401,14317 Haynes St
Van Nuys, CA 91401,14317 Haynes St
Van Nuys, CA 91401,14317 Haynes St
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$1,795,000
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11 BD
11 BA
6,009 SqFt
Active

14317 Haynes St Van Nuys, CA 91401

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Jason Tomei

Jason Tomei

+1(702) 802-8142

UPDATED:

02/20/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,009 sqft

Price per Sqft $298

MLS Listing ID 25497857

Bedrooms 11

Year Built 1964

Lot Size 7,502 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property Description

We are proud to present 14317 Haynes Street, a rare and extensively renovated 7-unit investment opportunity in Van Nuys, CA. Built in 1964, the property sits on a 7,500 SF lot and offers a well-balanced unit mix of (3) one-bed and (4) two-bed / two-bath units, totaling 6,009 gross square feet.This well-maintained asset has undergone significant capital improvements, including all-new copper plumbing, a brand-new roof, a new water heater, and a repaved driveway. Additional enhancements include new laundry facilities and equipment (all owned), along with completed seismic retrofitting (2020). The seller strategically opted to defer exterior painting to avoid tenant disruptions and provide a buyer with better leverage for cash-for-keys negotiations. As a result, the seller has not pursued buyouts, leaving room for a buyer to implement their own tenant repositioning strategy. Inside, three units (#1, 4, and 7) have been fully upgraded with new stainless-steel appliances, granite countertops, modern cabinetry, updated bathrooms and kitchens, and laminate flooring throughout. The property also features a controlled gated entrance and 7 designated parking spaces, including tuck-under parking.Utilities are individually metered for gas and electricity, ensuring lower landlord expenses and a higher NOI. Additional income streams include laundry revenue and capital reimbursement payments from select tenants.With an estimated 34% rental upside and no major deferred maintenance, 14317 Haynes Street offers a true value-add opportunity where investors can focus on increasing income without major capital expenditures.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Other

Laundry Community

Exterior

Parking Features Covered Parking, Uncovered

Garage Spaces 7.0

Roof Type Flat

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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agent

Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

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14317 Haynes St