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Multifamily Property with Gated Parking

14542 Saticoy, Van Nuys, CA 91405

For Sale
$2,350,000
Pending

Multifamily property featuring assigned parking, gated access, and a practical mix of in-unit and shared features.

Property Size8,022 SF
Days on Market98

Property Features for 14542 Saticoy

General Information

Standard status Pending
Size 8,022 SF
Property subtype Apartment

Additional Details

Highway Access Yes

Building Details

Building Size 8,022 SF
Year Built 1976
Listing Agency: Nohco Real Estate
Listed By: Brian Noh · License CA #01438155
Source: Velocityrealtysd
Added: Aug 10 Changed: Nov 11 Last Checked: Nov 14 at 4:28PM

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

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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.

Key Highlights

  • 1976 construction
  • Assigned parking with asphalt and concrete surfaces
  • Gated parking access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$129,080
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $300,646 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,050
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Van Nuys, CA

$396 Jul
$386 Aug
$324 Sep
$343 Oct

Properties on Market for Multifamily properties in Van Nuys

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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