Millman Team Real Estate

$1,299,000
0.20 Acre Lot

14153 Sylvan, Van Nuys, California 91401

  • Residential Income Property Type
  • 1948 Year Built
Property Description

Exceptional value-add and redevelopment opportunity at 14153 Sylvan St in Van Nuys. This 6-unit income-producing property is currently operating at approximately a 5% cap rate based on current financials.

Preliminary analysis indicates potential to add up to 7 additional units or redevelop the site to approximately 25 units (buyer to verify zoning, density, and development potential with the City of Los Angeles). Pro forma projections suggest cap rate could potentially increase to 6% + with expansion; all projections and assumptions to be independently verified by buyer.

Property will be delivered with tenants in place, providing immediate income. Tenancy reflects stable occupancy (buyer to verify all leases and terms).

Strategically located near the Van Nuys Civic Center, including police station, courthouse, fire department, and convenient access to the 101 Freeway. Attractive $1.299M entry price with strong long-term upside.

Basic Details
Residential Income
For Sale
SB26013940
$1,299,000
1948
0.20 Acre
Active Under Contract
1
Mixed Use
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: Washer Hookup, Gas Dryer Hookup, Laundry Room, Electric Dryer Hookup, Common Area
: Public Sewer
$0
Address Map
CA
Los Angeles
Van Nuys
91401
Sylvan
14153
W119° 33' 29.3''
N34° 11' 6''
From the 405 freeway, exit Victory Blvd. Head east on Victory Blvd, turn left (north)on Sylvan Ave. Property is located on Sylvan Avenue.
VN - Van Nuys
Additional Information
$0
$0
$0
$0
$0
5832
: Sidewalks, Street Lights
1
3.0
: Two
: 6-10 Units/Acre
6
2026-03-04
2
2
Broker/Agent Information
Keller Williams Palos Verdes
Michelle Pentreath
Listing Information
sbpentmic
S4703
Cash,Conventional,FHA,USDA Loan,VA Loan
Active Under Contract
2026-03-20T18:49:16Z
CRMLS
: Standard
2026-03-20T11:35:13Z
Agent info
Ray Millman
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