31-Unit Apartment
14534 Saticoy Street Van Nuys, CA 91405
14534 Saticoy Street, Van Nuys, CA, 91405
$4,900,000
For Sale
$4,900,000
Well-maintained 31-unit apartment building with bachelor, studio, and one-bedroom units and 21 renovated apartments.
Property Size15,136 SF
Price / SF$323.73
Days on Market174
Property Features for 14534 Saticoy Street
General Information
- Standard status
- Active
- Size
- 15,136 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1961
Listing agency
CB Richard Ellis,Inc.
Listed by
Kadie Presley
(714) 497-3550
Source
Sevengables
Added: Jan 28 Updated: Jul 20 at 8:30PM Checked: Jul 20 at 8:30PM
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 CB Richard Ellis,Inc.
Investment Insights
Based on property information with market context.
This well-maintained 31-unit apartment building offers a unit mix of bachelor, studio, and one-bedroom layouts. The property features updates across 21 units, including upgraded kitchen countertops and appliances, new flooring, new cabinets, and refreshed bathrooms with new fixtures.
Located at 14534 Saticoy Street in Van Nuys, California, the building is positioned within the San Fernando Valley submarket. The available information notes stable occupancy history and strong recent leasing activity.
The renovations and current operating performance support continued income generation from a diversified residential unit mix.
Located at 14534 Saticoy Street in Van Nuys, California, the building is positioned within the San Fernando Valley submarket. The available information notes stable occupancy history and strong recent leasing activity.
The renovations and current operating performance support continued income generation from a diversified residential unit mix.
Key Highlights
- 31‑unit apartment building on Saticoy Street in Van Nuys, CA
- Year built: 1961
- Unit mix includes bachelor, studio, and one‑bedroom apartments
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $481.3k | $31.80 |
| − Vacancy | −$38.5k | −$2.54 |
| EGI | $442.8k | $29.26 |
| − OpEx | −$199.3k | −$13.17 |
| NOI | $243.6k | $16.09 |
15,136 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.48M
$3.04M – $4.06M
NOI $243,550 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.10M
$7.09M – $9.45M
NOI $567,263 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lone Wolf Roofing ...
Roofing Company
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Well-maintained 31-unit apartment building with bachelor, studio, and one-bedroom units and 21 renovated apartments.
Where is this apartment building located?
The property is located at 14534 Saticoy Street Van Nuys, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 31‑unit apartment building on Saticoy Street in Van Nuys, CA; Year built: 1961; Unit mix includes bachelor, studio, and one‑bedroom apartments
