Property Description
*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms, currently units 1 & 2 are pro forma rents as the tenants in each unit have both been served their respective 3 day notices and are expected to vacate. Plans will be provided.*ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.
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“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 Savings
$14,958
TurboHome Estimated Value
$1,073,600
$212 sqft
High Valuation
$1,127,280
$223/sqft
Normal Valuation
$1,073,600
$212/sqft
Low Valuation
$1,019,920
$202/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $212/sqft | $1,073,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“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.”
Neighborhood: Van Nuys
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Comparative Value
$1.10M
$1.13M
$1.15M
$1.24M
14248 Gilmore St, Van Nuys, CA 91401
Sale Price: $1,100,000
Selected Comparable
14222 Sylvan St, Van Nuys, CA 91401
Sale Price: $1,126,000
Selected Comparable
14216 Calvert St, Van Nuys, CA 91401
List Price: $1,150,000
Subject Property
6729 Fulton Ave, Van Nuys, CA 91401
Sale Price: $1,235,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT14216 Calvert St, Van Nuys, CA 91401
List: $1,150,000
Listed: 5/29/2025
Area:5,060 sqft
Price/sqft:$227
Beds:8
Baths:7
Year Built:—
Lot Size:6,250
Comparable Properties
COMPARABLEChoose comps
14248 Gilmore St, Van Nuys, CA 91401
Sale: $1,100,000
5/12/2025 • 0.41 mi
Area:4,931 sqft
Price/sqft:$223
Beds:9
Baths:7
Year Built:—
Weight:36.0%
14222 Sylvan St, Van Nuys, CA 91401
Sale: $1,126,000
6/23/2025 • 0.20 mi
Area:5,047 sqft
Price/sqft:$223
Beds:7
Baths:6
Year Built:—
Weight:33.8%
6729 Fulton Ave, Van Nuys, CA 91401
Sale: $1,235,000
11/20/2024 • 1.40 mi
Area:4,416 sqft
Price/sqft:$280
Beds:8
Baths:6
Year Built:—
Weight:30.2%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
14216 Calvert St, Van Nuys, CA 91401 | $1,150,000 | 5,060 | $227 | 6,250 | — | 5/29/2025 | 8 | 7 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
14248 Gilmore St, Van Nuys, CA 91401 | $1,100,000 | 4,931 | $223 | 7,500 | 0.41 mi | 5/12/2025 | 9 | 7 | — | 36.0% | |
14222 Sylvan St, Van Nuys, CA 91401 | $1,126,000 | 5,047 | $223 | 8,753 | 0.20 mi | 6/23/2025 | 7 | 6 | — | 33.8% | |
6729 Fulton Ave, Van Nuys, CA 91401 | $1,235,000 | 4,416 | $280 | 5,805 | 1.40 mi | 11/20/2024 | 8 | 6 | — | 30.2% |
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