This well-maintained 9-unit apartment building in Van Nuys features a desirable unit mix consisting of (4) 2 bed/2 bath unit, (5) 1 bed/1 bath unit, situated on an 8,749 sq ft lot, the property offers approximately 8,957 rentable square feet. The unit mix supports stable, long-term tenancy and helps minimize turnover. The property is fully occupied with all units currently leased. Extensive upgrades have been completed throughout the property granite and sizar stone counter tops, stainless still appliance, including exterior improvements and painting, and fully renovated interiors Smart utility management and sustainable operational features are key to optimizing net operating income. 14218 Sylvan St is equipped with rooftop solar water heating along with two dedicated water reservoirs, helping reduce utility overhead and supporting sustained operational resilience. In modern multifamily management, energy and water infrastructure upgrades represent measurable bottom-line value. Conveniently located near the 405, 101, and 170 freeways, the property provides excellent accessibility. It is next to Citi Hall Court House Federal Buildings and just minutes from Ventura Boulevard, offering a wide variety of dining, shopping, and entertainment options, as well as nearby public transportation with easy access to Encino, Woodland Hills, North Hollywood, Burbank, Hollywood, and Downtown Los Angeles.
| MLS # | BB26108071 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 153 |
| Listing Provided By | Coldwell Banker Hallmark Realty | Sarkis Kalinyan |
| SQ Feet | 8,957 |
|---|---|
| Garage | 13 |
| Story(s) | 3 |
| Units | 9 |
| Building(s) | 1 |
| Acreage | 0.20 |
| Property View | None |
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Fireplace Yes / No | Yes |
| Lot Features | Zero To One Unit Acre |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Curbs, Street Lights, Sidewalks, Valley |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91401 |
| Area | VN Van Nuys |
| Listing VS Median (in 91401) | |
Price: $2,288,888 low | high Med: $712,475 sqft: 8,957 low | high Med: 1,635 $ / sqft: $256 low | high Med: $438 On site: 153 low | high Med: 38 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91401 |
| Area | VN Van Nuys |
| Listing VS Median (in 91401) | |
Price: $2,288,888 low | high Med: $712,475 sqft: 8,957 low | high Med: 1,635 $ / sqft: $256 low | high Med: $438 On site: 153 low | high Med: 38 | |
![]() | $2,750,00014317 Friar StreetVan Nuys, CA 91401 |