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14218 Sylvan Street, Van Nuys, California 91401, Van Nuys, 91401 - bed, bath

14218 Sylvan Street, Van Nuys, California 91401 home-pic-0
ACTIVE$2,499,000
14218 Sylvan Street, Van Nuys, California 91401
0Bed
0Bath
8,957Sqft
8,749Lot
Year Built
1964
Close
-
List price
$2.5M
Original List price
$2.1M
Price/Sqft
$279
HOA
-
Days on market
-
Sold On
-
MLS number
SR25223606
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Patio
ViewNeighborhood, Trees/Woods

About this home

We found 3 Cons,5 Pros.

Introducing a well-maintained 9-unit multifamily property located in the heart of Van Nuys. Situated on an LARD1.5-zoned lot, there are five 1-bed, 1-bath units and four 2-bed, 2-bath units, all featuring spacious floorplans designed for modern day living. Most units have been remodeled with new wood flooring, new stone countertops, new stainless steel appliances and upgraded bathrooms, while select units also feature mini-split HVAC units, recessed lighting or decorative tile backsplashes. Additionally the plumbing has been upgraded throughout with copper pipes. Tenants enjoy the convenience of 11 on-site parking spaces and community laundry facilities, along with a highly walkable location boasting an impressive Walk Score of 88 – close to shops, restaurants and public transit. This property presents an excellent opportunity for investors seeking a well-located asset with strong rental appeal and value-add potential in the San Fernando Valley.

Price History

Date
Event
Price
10/23/25
Price Change
$2,499,000+19.1%
09/24/25
Listing
$2,099,000
Condition Rating
Good
The property, built in 1964, has undergone significant recent renovations in most units, featuring modern kitchens with new stainless steel appliances, stone countertops, and updated bathrooms with contemporary fixtures and tiling. New wood-look flooring and upgraded copper plumbing throughout further enhance its condition. While the interiors of the remodeled units appear excellent, the building's age and the fact that only 'select units' include modern HVAC systems and recessed lighting prevent an 'Excellent' rating for the entire property. The exterior, though maintained, retains its original 1960s aesthetic.
Pros & Cons

Pros

Multifamily Investment Opportunity: This 9-unit multifamily property offers strong rental appeal and explicitly stated value-add potential, making it an attractive asset for investors.
Extensive Unit Renovations: Most units have been recently remodeled with new wood flooring, stone countertops, stainless steel appliances, and upgraded bathrooms, enhancing tenant desirability and rental income.
Prime Walkable Location: Situated in the heart of Van Nuys with an impressive Walk Score of 88, the property offers convenient access to shops, restaurants, and public transit, appealing to a broad tenant base.
Key Infrastructure Upgrades: The property benefits from upgraded copper plumbing throughout, reducing future maintenance concerns and enhancing long-term asset value.
Tenant Amenities: Convenient on-site amenities include 11 dedicated parking spaces and community laundry facilities, which are crucial for tenant satisfaction and retention in a multifamily setting.

Cons

Inconsistent HVAC Coverage: Only 'select units' feature mini-split HVAC systems, indicating that not all units offer modern climate control, which could be a drawback for some prospective tenants.
Building Age: Built in 1964, the property is over 50 years old. While units and plumbing are updated, other original building systems (e.g., roof, electrical) may require future capital expenditures.
Limited Common Area Details: The description focuses heavily on unit renovations but provides limited information on upgrades or condition of common areas beyond laundry and parking, which could impact overall tenant experience.

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