14634 Gault Street

    Van Nuys, CA 91405
    • $3,650,000
    • STATUS: Active
    • ON SITE: 106 days
    • ID#: SR19001026
    UPDATED: 121 min ago
    $3,650,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,674
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    Description

    14 Units + 4 Non-Conforming. Immaculate condition, prime location across from IMT Sherman Grove, 16%+ upside in rents, two separate parcels - 7 + 2 units each, Central air conditioning/heating, Very walkable 73 walk score, - Good transit 53 score, Gated with 8 covered and 8 uncovered parking, laundry with approximately $310/month income per seller.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-19T13:34:57.453. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/90553213

    14634 Gault Street Van Nuys, CA 91405

    • Price: $3,650,000
    • Status: Active
    • Updated: 121 min ago
    • ID#: SR19001026
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    9,674
    SQFT
    $377
    $/SQFT
    1965
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    14 Units + 4 Non-Conforming. Immaculate condition, prime location across from IMT Sherman Grove, 16%+ upside in rents, two separate parcels - 7 + 2 units each, Central air conditioning/heating, Very walkable 73 walk score, - Good transit 53 score, Gated with 8 covered and 8 uncovered parking, laundry with approximately $310/month income per seller.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features 16-20 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 16.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels Two

    Property Features

    Additional Parcels Description 2219011007 Additional Parcels YN Yes Building Area Units Square Feet Cap Rate 5.06 Community Features CurbsSidewalksSuburban Country Us Electric Expense 1371.00 Elevation Units Feet Fuel Expense 347.00 Gardener Expense 2400.00 Gross Income 0.00 Gross Multiplier 12.29 Gross Operating Income 291154.00 Gross Scheduled Income 297096.00 Insurance Expense 4162.00 Land Lease YN No Laundry YN Yes Licenses Expense 1390.00 Maintenance Expense 14558.00 Maintenance Percent 5.00 Net Operating Income 184819.00 New Construction YN No New Taxes Expense 43800.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Operating Expense 106335.00 Operating Expense Percent 35.80 Pest Control Expense 1200.00 Professional Management Expense 28479.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 106335.00 Trash Expense 3260.00 Vacancy Allowance 5942 Vacancy Allowance Rate 2.00 Water Sewer Expense 5368.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Braemon Hanes of Hanes Investment Rlty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-04-19T13:34:57.453. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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