14764 Sylvan Apartments
Newer 8-Unit Townhome Multifamily with Condo Conversion Upside in Van Nuys
Investment highlights
Newer Construction (2007 Vintage)
Reduced deferred maintenance and capital expenditure requirements compared to older Valley inventory.
Large Townhome-Style Units
Eight 2 Bed / 2.5 Bath Townhouse units averaging ±1,294 SF, appealing to families and long-term tenants.
Stabilized Asset with Immediate Cash Flow
In-place income with additional value-add through organic rent growth.
Prime Van Nuys Location
Centrally located in the San Fernando Valley with strong renter demand and accessibility to major employment centers.
Favorable Operating Metrics
With a pro forma rent of ~$285K, this has potential to grow to ~$310K at market rents.
Condo Conversion Potential (Separate APNs)
Each unit has its own individual APN, offering a unique opportunity for future condominium conversion and potential value enhancement (buyer to verify).
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