$1,500,000
JNM Realty proudly presents, on an exclusive basis, 14157 Calvert St, an eight (8) unit apartment community in Van Nuys that has been well maintained and strategically improved. The property features a unit mix of one (1) studio unit, six (6) two-bed, one-bath units, and one (1) two-bed, two-bath unit, approximately 600, 800, and 900 sqft each, respectively. The fully occupied units offer a stable operational foundation with approximately 65% upside to Rents. Recent capital improvements include upgrades to plumbing. The asset is offered at the second lowest price per unit ($187,500) and price per square foot ($226.83) among sales comps within a one-mile radius since July 2025. This positions the property as one of the most attractively priced opportunities in the submarket. This opportunity is available alongside 6537-6543 Woodley Ave, Van Nuys, CA as a portfolio or separately.
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Listed by Demis Dokhanian with JNM Realty, INC. (310) 746-5923
Property Type
Residential Income
Status
Active
MLS Number
26701497
Year Built
1962
Lot Size
7,505 sq ft