$1,750,000
11 Bed
11 Bath
6,009
0.17 Acre Lot

14317 Haynes Street, Van Nuys, California 91401

  • Residential Income Property Type
  • 6,009 Square Footage
  • Covered Cars Garage
  • 1964 Year Built
Property Description

We are proud to present 14317 Haynes Street, a rare and extensively renovated 7-unit investment opportunity in Van Nuys, CA. Built in 1964, the property sits on a 7,500 SF lot and offers a well-balanced unit mix of (3) one-bed and (4) two-bed / two-bath units, totaling 6,009 gross square feet.This well-maintained asset has undergone significant capital improvements, including all-new copper plumbing, a brand-new roof, a new water heater, and a repaved driveway. Additional enhancements include new laundry facilities and equipment (all owned), along with completed seismic retrofitting (2020). The seller strategically opted to defer exterior painting to avoid tenant disruptions and provide a buyer with better leverage for cash-for-keys negotiations. As a result, the seller has not pursued buyouts, leaving room for a buyer to implement their own tenant repositioning strategy. Three units (#1, #4, and #7) have been fully upgraded with new stainless-steel appliances, granite countertops, modern cabinetry, updated bathrooms and kitchens, and laminate flooring throughout. The property also features a controlled gated entrance and 7 designated parking spaces, including tuck-under parking.Utilities are individually metered for gas and electricity, ensuring lower landlord expenses and a higher NOI. Additional income streams include laundry revenue and capital reimbursement payments from tenants.With an estimated 34% rental upside and no major deferred maintenance, 14317 Haynes Street offers a true value-add opportunity where investors can focus on increasing income without major capital expenditures.

Basic Details
Residential Income
For Sale
25497857
$1,750,000
11
11
6,009
1964
0.17 Acre
Active
Features
: Wall Furnace
: Covered, Uncovered
: Common Area
$0
Address Map
CA
Los Angeles
Van Nuys
91401
Haynes
14317
Street
Haynes St & Van Nuys Blvd
VN - Van Nuys
LAR3
Additional Information
$0
$0
$0
$0
$0
6009
: Multi/Split
7
2025-02-12
1795000
2
Broker/Agent Information
Marcus & Millichap
Filip Niculete
Listing Information
Glen Scher
CLW-C139610
CLW-X75151
Marcus & Millichap
CLW-C112897
CLW-X75151
Active
2025-04-29T20:44:14Z
CRMLS
: Standard
2025-02-12T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069