Multifamily Property with Gated
New
For Sale
$2,350,000
14542 Saticoy, Van Nuys, CA 91405
Multifamily property featuring assigned parking, gated access, and a practical mix of in-unit and shared features.
Property Size8,022 SF
Days on Market3
Property Features for 14542 Saticoy
General Information
Standard status
Active
Size
8,022 SF
Total Parking Spaces
16
Property subtype
Residential Income
Net Operating Income
$140,769
Additional Details
Highway Access
Yes
Amenities
Curbs, Street Lights, Sidewalks, Gated
Wall/Window Unit(s)
Wall Furnace
Gas Range, Range Hood, Water Heater
Granite Counters, Open Floorplan
Block
Assigned, Asphalt, Concrete, Gated
Building Details
Building Size
8,022 SF
Year Built
1976
Buildings
1
Stories
2
Listing Agency:
NOHCO Real Estate
(213) 804-7647
Listed By:
Brian Noh · License #01438155
(213) 804-7647
Source:
Evrealestate
Added: Aug 10
Changed: Aug 12
Last Checked: Aug 12 at 7:40AM
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 NOHCO Real Estate
Investment Insights
Based on property information with market context.
This multifamily property at 14542 Saticoy in Van Nuys was constructed in 1976. Interior features include wall and window unit cooling, wall furnace heating, a gas range, range hood, water heater, granite counters, and an open floorplan. The property also includes assigned parking with asphalt and concrete surfaces behind gated access.
Access is provided from the 405 freeway via Sherman Way, with the route continuing east before connecting north on Van Nuys Boulevard and west to Saticoy Street. The Los Angeles County location places the property within Van Nuys.
Access is provided from the 405 freeway via Sherman Way, with the route continuing east before connecting north on Van Nuys Boulevard and west to Saticoy Street. The Los Angeles County location places the property within Van Nuys.
Key Highlights
- 1976 construction
- Assigned parking with asphalt and concrete surfaces
- Gated parking access
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
$129,080
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
5.49%
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%
$2,581,600
$2.6M
Cap Rate 7%
$1,844,000
$1.8M
Cap Rate 9%
$1,434,222
$1.4M
Market Conditions
NOI Build-Up for 8,022 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
$255.1K $31.80/SF
− Vacancy
−$20.4K −$2.54/SF
EGI
$234.7K $29.26/SF
− OpEx
−$105.6K −$13.17/SF
NOI
$129.1K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
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%
$2,581,600
Cap Rate 7%
$1,844,000
Cap Rate 9%
$1,434,222
Alternative Uses
Best Use
Apartment 5plus
$1.84M
$1.61M – $2.15M
NOI $129,080 @ 7.0% cap · market cap 5.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.29M
$3.76M – $5.01M
NOI $300,646 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,832
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property featuring assigned parking, gated access, and a practical mix of in-unit and shared features.
Where is this multifamily property located?
The property is located at 14542 Saticoy Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 1976 construction; Assigned parking with asphalt and concrete surfaces; Gated parking access
