14216 Calvert St, Van Nuys, CA 91401 - View 1
14216 Calvert St, Van Nuys, CA 91401 - View 2
14216 Calvert St, Van Nuys, CA 91401 - View 3
14216 Calvert St, Van Nuys, CA 91401 - View 4
14216 Calvert St, Van Nuys, CA 91401 - View 5
14216 Calvert St, Van Nuys, CA 91401 - View 6

14216 Calvert St, Van Nuys, CA 91401

List Price: $1,150,000On Market FlagOn market
May 29, 20255,060 sqft8 beds7 baths
Listed by: Kelly Morgan
License #: 01898026
Phone #: 310-836-3638
Houze Real Estate Management
Source:
CRMLS Logo
MLS #: 25545333

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.
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

$14,958

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$/sqftValuation
HouseCanary$212/sqft$1,073,600

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

SUBJECT
14216 Calvert St, Van Nuys, CA 91401

14216 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

COMPARABLE
Choose comps
14248 Gilmore St, Van Nuys, CA 91401

14248 Gilmore St, Van Nuys, CA 91401

Sale: $1,100,000

5/12/20250.41 mi

Area:4,931 sqft
Price/sqft:$223
Beds:9
Baths:7
Year Built:
Weight:36.0%
14222 Sylvan St, Van Nuys, CA 91401

14222 Sylvan St, Van Nuys, CA 91401

Sale: $1,126,000

6/23/20250.20 mi

Area:5,047 sqft
Price/sqft:$223
Beds:7
Baths:6
Year Built:
Weight:33.8%
6729 Fulton Ave, Van Nuys, CA 91401

6729 Fulton Ave, Van Nuys, CA 91401

Sale: $1,235,000

11/20/20241.40 mi

Area:4,416 sqft
Price/sqft:$280
Beds:8
Baths:6
Year Built:
Weight:30.2%

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