Townhouse-Style Apartment
New
For Sale
$2,850,000
14839 Sylvan Street, Van Nuys, CA 91411
Townhouse residences feature in-unit laundry, central air conditioning, and kitchens with granite countertops.
Property Size10,720 SF
Days on Market7
Property Features for 14839 Sylvan Street
General Information
Standard status
Active
Size
10,720 SF
Total Parking Spaces
17
Property subtype
Mixed Use
Units
Unit Mix
8 x 3BR/2.5BA
Multifamily Units
8
Amenities
granite countertops
refrigerators
in-unit laundry
central A/C
laminate or vinyl flooring
Building Details
Building Size
10,720 SF
Year Built
2004
Listing Agency:
Real Brokerage Technologies, Inc
Listed By:
Andrea Megerdichian · License #01975185
Source:
Archetyperealty
Added: Oct 7
Changed: Oct 10
Last Checked: Oct 13 at 2:15AM
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 Real Brokerage Technologies, Inc
Investment Insights
Based on property information with market context.
This apartment property, built in 2004, has townhouse-style residences with three bedrooms and two-and-one-half bathrooms. Interiors include granite countertops, refrigerators, in-unit laundry, central A/C, and laminate or vinyl flooring. One residence received a full remodel in 2026, including new kitchen cabinetry, quartz countertops, and bathroom vanities.
A separate one-bedroom, one-bathroom space is unpermitted and is currently used for storage. Any determination of its permitting status, completion, or required approvals is the buyer’s responsibility. The property has 17 parking spaces arranged in side-by-side and tandem configurations. Tenants pay for gas, water, and electricity.
A separate one-bedroom, one-bathroom space is unpermitted and is currently used for storage. Any determination of its permitting status, completion, or required approvals is the buyer’s responsibility. The property has 17 parking spaces arranged in side-by-side and tandem configurations. Tenants pay for gas, water, and electricity.
Key Highlights
- Townhouse‑style residences with three bedrooms and two‑and‑one‑half bathrooms
- Separate unpermitted one‑bedroom, one‑bathroom space currently used for storage
- 17 parking spaces, including side‑by‑side and tandem
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,493
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,449,860
$3.4M
Cap Rate 7%
$2,464,186
$2.5M
Cap Rate 9%
$1,916,589
$1.9M
Market Conditions
NOI Build-Up for 10,720 SF
Gross rent
$340.9K $31.80/SF
− Vacancy
−$27.3K −$2.54/SF
EGI
$313.6K $29.26/SF
− OpEx
−$141.1K −$13.17/SF
NOI
$172.5K $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%
$3,449,860
Cap Rate 7%
$2,464,186
Cap Rate 9%
$1,916,589
Alternative Uses
Best Use
Apartment 5plus
$2.46M
$2.16M – $2.87M
NOI $172,493 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.74M
$5.02M – $6.70M
NOI $401,761 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
4,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
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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?
Apartment building - Townhouse residences feature in-unit laundry, central air conditioning, and kitchens with granite countertops.
Where is this apartment building located?
The property is located at 14839 Sylvan Street Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Townhouse‑style residences with three bedrooms and two‑and‑one‑half bathrooms; Separate unpermitted one‑bedroom, one‑bathroom space currently used for storage; 17 parking spaces, including side‑by‑side and tandem
