Four-Unit Gated Apartment
New
For Sale
$1,500,000
14212 Vanowen Street, Van Nuys, CA 91405
Gated multifamily property with separately metered utilities and covered resident parking.
Property Size3,774 SF
Days on Market7
Property Features for 14212 Vanowen Street
General Information
Standard status
Active
Size
3,774 SF
Total Parking Spaces
8
Property subtype
Quadruplex
Units
Unit Mix
2 x 3BR/2BA, 2 x 2BR/1.5BA
Multifamily Units
4
Parking per Unit
2
Amenities
gated entry
Building Details
Building Size
3,774 SF
Year Built
2007
Listing Agency:
RE/MAX of Santa Clarita
Listed By:
Holly Thompson · License #01825192
(661) 702-4525
Source:
Archetyperealty
Added: Sep 12
Changed: Sep 17
Last Checked: Sep 17 at 1:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX of Santa Clarita
Investment Insights
Based on property information with market context.
Built in 2007, this four-unit apartment property in Van Nuys includes two three-bedroom, two-bath residences and two two-bedroom, one-and-a-half-bath residences. The secured complex has separate gas and electric metering for each unit, while residents pay their own trash service. Covered parking is arranged with two tandem spaces assigned to each residence, accommodating up to eight vehicles overall.
The property is located on Vanowen Street in the San Fernando Valley within the City of Los Angeles. Its setting provides access to Valley employment centers, shopping, dining, transportation, and nearby Los Angeles communities.
The property is located on Vanowen Street in the San Fernando Valley within the City of Los Angeles. Its setting provides access to Valley employment centers, shopping, dining, transportation, and nearby Los Angeles communities.
Key Highlights
- Four units with two 3‑bedroom, 2‑bath units and two 2‑bedroom, 1.5‑bath units
- Constructed in 2007
- Separate gas and electric meters for every unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,908
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,318,160
$1.3M
Cap Rate 7%
$941,543
$941.5K
Cap Rate 9%
$732,311
$732.3K
Market Conditions
NOI Build-Up for 3,774 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$101.9K $27.00/SF
− Vacancy
−$7.7K −$2.05/SF
EGI
$94.2K $24.95/SF
− OpEx
−$28.2K −$7.48/SF
NOI
$65.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,318,160
Cap Rate 7%
$941,543
Cap Rate 9%
$732,311
Alternative Uses
Best Use
Multifamily LT 5
$941.5K
$823.9K – $1.10M
NOI $65,908 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$867.5K
$759.1K – $1.01M
NOI $60,727 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,441 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
3,640
Businesses Nearby
Explore this area
Business Placement
Demographics for 91405, CA
55,319
Population
19,822
Households
2.8
Avg Household Size
36
Median Age
26%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
16,270
Density / Sq Mi
$61,207
Median Household Income
$34,833
Median Earnings
$1,736
Median Rent
$698,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Gated multifamily property with separately metered utilities and covered resident parking.
Where is this quadplex located?
The property is located at 14212 Vanowen Street Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four units with two 3‑bedroom, 2‑bath units and two 2‑bedroom, 1.5‑bath units; Constructed in 2007; Separate gas and electric meters for every unit
