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14240 Delano St, Van Nuys, CA 91401

List Price: $1,075,000On Market FlagOn market
May 12, 20253,800 sqft8 beds4 baths
Listed by: Kevin Kawaoka
License #: 01733613
Phone #: 310-806-6119
NAI Capital, Inc.
Source:
CRMLS Logo
MLS #: 25537357

Property Description

NAI Capital Commercial is proud to present an exceptional investment opportunity: the "Twin Sister" 4-plexes at 14240 & 14244 Delano Street, Van Nuys. Affordable: Each Property Priced at ($1,075,000!) Ideally located in a high-demand rental corridor, these gated properties are offered as a pair (to be sold concurrently) and sit on a spacious double LAR3-zoned lot totaling 15,003 SF. Each building features a desirable and in-demand unit mix of four large 2-bedroom, 1-bath apartments. These side-by-side quads provide a total of 8 income-producing units, each thoughtfully designed and housed within Cape Cod-inspired architecture, exuding charm and curb appeal. With existing rents approximately 68% below market, this asset offers a significant value-add opportunity through unit modernization and lease repositioning. Furthermore, the private garages at the rear of the property presents the opportunity to potentially add 2 ADU's (buyer to verify with the city of Los Angeles). If you're an investor seeking a sound, long term, value-add investment with huge rental upside, or a 1031 exchange buyer seeking a solid upleg or downleg, Contact NAI Capital Commercial today to receive the full investment package.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,838

TurboHome Estimated Value

$1,032,100

$272 sqft

High Valuation
$1,083,705
$285/sqft
Normal Valuation
$1,032,100
$272/sqft
Low Valuation
$980,495
$258/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$272/sqft$1,032,100

Neighborhood: Van Nuys

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Comparative Value

$925K

$1.07M

6711 Fulton Ave, Van Nuys, CA 91401

Sale Price: $925,000

Selected Comparable

14240 Delano St, Van Nuys, CA 91401

List Price: $1,075,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
14240 Delano St, Van Nuys, CA 91401

14240 Delano St, Van Nuys, CA 91401

List: $1,075,000

Listed: 5/12/2025

Area:3,800 sqft
Price/sqft:$283
Beds:8
Baths:4
Year Built:
Lot Size:7,503

Comparable Properties

COMPARABLE
Choose comps
6711 Fulton Ave, Van Nuys, CA 91401

6711 Fulton Ave, Van Nuys, CA 91401

Sale: $925,000

7/21/20251.38 mi

Area:2,970 sqft
Price/sqft:$311
Beds:8
Baths:4
Year Built:
Weight:100.0%

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