Listing Broker: Myunits.com Inc.
Listing Agent: Lauren Cearley
DRE #01954054: 02146823
213-302-8662
Colisting Agent: Cheyenne Womack
DRE #01954054: 02064825
14111 Sylvan St is a 2019 construction 5-unit located in the hottest area of Van Nuys, steps from the Courthouse! This 5-unit is one of the few newer construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant building and leasing up all the units yourself… instead, inherit a smoothly running, ultra-high cap rate property with great tenants! The existing cap rate is a whopping 5.85%! At an impossible to beat price per door of $599,000, this will be gone before you know it. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses, premium design, and the ease of owning a hassle-free 2019 construction!
14111 Sylvan is made up of one large 4 bed, 4 bath single family residence and four equally as impressive 3 bed, 3 bath units with spacious floorplans, and 10 parking spots. The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to: designer tiles, quality wood doors, all appliances included, modern glossy cabinets, large islands, high ceilings, huge closets, balconies off the living space, countless windows everywhere you look allowing for maximum light, natural wood water proof vinyl, and more!
In addition to the high return, buyers will enjoy ...
+ Read More| Listing Id: | BB26225130 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Lot Size Acres: | 0.2014 |
| Waterfront?: | No |
| Year Built: | 2019 |
| Appliances: | Dryer, Washer |
| Basement Yn: | No |
| Building Area Units: | SquareFeet |
| Common Walls: | NoCommonWalls |
| Cooling: | CentralAir |
| Entry Level: | 1 |
| Fireplace Features: | None |
| Fuel Expense: | 0.0 |
| Gross Scheduled Income: | $224,940 |
| Heating: | Central |
| Levels: | ThreeOrMore |
| Listing Contract Date: | 2026-10-16 |
| Lot Features: | Landscaped |
| Lot Size Area: | 8772.0 |
| Lot Size Source: | Assessor |
| Maintenance Expense: | $400 |
| Net Operating Income: | $175,134 |
| New Taxes Expense: | $35,922 |
| Number Of Separate Electric Meters: | 5 |
| Number Of Separate Water Meters: | 5 |
| Number Of Units Leased: | 5 |
| Parking Features: | Assigned |
| Spa Features: | None |
| State Or Province: | CA |
| Tenant Pays: | AllUtilities |
| Total Actual Rent: | $18,745 |
| View: | CityLights |
| Water Source: | Public |
| Property Sub Type Additional: | Apartment |
| Country Subdivision: | 06037 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:06037:2240015016 |
| List Price: | $2,995,000 |
|---|---|
| Property Sub Type: | Apartment |
| Lot Size Square Feet: | 8,772.0 |
| City: | Van Nuys |
| County Or Parish: | Los Angeles |
| Postal Code: | 91401 |
| Number Of Units Total: | 5 |
| Building Area Total: | 7460.0 |
| Common Interest: | None |
| Community Features: | Sidewalks |
| Cooling?: | Yes |
| Directions: | From the 170 Freeway, exit Sherman Way and head west. Turn left on Hazeltine Avenue, then right on Sylvan Street. 14111 Sylvan Street will be on your right |
| Electric: | Standard |
| Elevation Units: | Feet |
| Entry Location: | 1 |
| Garage Spaces: | 0.0 |
| Gross Income: | $224,940 |
| Heating?: | Yes |
| Insurance Expense: | $3,936 |
| Laundry Features: | WasherHookup, ElectricDryerHookup, Inside |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Submit |
| Lot Size Acres: | 0.2014 |
| Lot Size Units: | SquareFeet |
| MLS Area Major: | Vn - Van Nuys |
| Number Of Buildings: | 3 |
| Number Of Separate Gas Meters: | 5 |
| Operating Expense: | $43,058 |
| Original List Price: | $2,995,000 |
| Parcel Number: | 2240015016 |
| Pool Features: | None |
| Postal City: | VAN NUYS |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 3 |
| Vacancy Allowance: | 6748 |
| View?: | Yes |
| Year Built Source: | Builder |
| Current Price: | $2,995,000.00 |
| Record Signature: | 960,335,895 |
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Based on information from California Regional Multiple Listing Service, Inc. as of October 17, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
California Regional Multiple Listing Service, Inc. data last updated on October 17, 2026 01:48 AM - PT
Property Last Updated: October 17, 2026 01:48 AM - PT
