14317 Haynes Street, Van Nuys, CA 91401 - Berkshire Hathaway HomeServices California Properties

14317 Haynes Street, Van Nuys, CA 91401

$1,750,000 Approx. USD 11 beds, 11 baths
6,009 sqft

Listing Agent


Filip Niculete | info@laaa.com
Lic#: 01905352
Broker: Courtesy of Marcus & Millichap

Co Listing Agent


Glen Scher | glen.scher@marcusmillichap.com
Lic#: 01962976
Broker: Courtesy of Marcus & Millichap

Agent Remarks

We are proud to present 14317 Haynes Street, a rare and extensively renovated 7-unit investment opportunity in Van Nuys, CA. Built in 1964, the property sits on a 7,500 SF lot and offers a well-balanced unit mix of (3) one-bed and (4) two-bed / two-bath units, totaling 6,009 gross square feet.This well-maintained asset has undergone significant capital improvements, including all-new copper plumbing, a brand-new roof, a new water heater, and a repaved driveway. Additional enhancements include new laundry facilities and equipment (all owned), along with completed seismic retrofitting (2020). The seller strategically opted to defer exterior painting to avoid tenant disruptions and provide a buyer with better leverage for cash-for-keys negotiations. As a result, the seller has not pursued buyouts, leaving room for a buyer to implement their own tenant repositioning strategy. Three units (#1, #4, and #7) have been fully upgraded with new stainless-steel appliances, granite countertops, modern cabinetry, updated bathrooms and kitchens, and laminate flooring throughout. The property also features a controlled gated entrance and 7 designated parking spaces, including tuck-under parking.Utilities are individually metered for gas and electricity, ensuring lower landlord expenses and a higher NOI. Additional income streams include laundry revenue and capital reimbursement payments from tenants.With an estimated 34% rental upside and no major deferred maintenance, 14317 Haynes Street offers a true value-add opportunity where investors can focus on increasing income without major capital expenditures.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25497857
List price is $1,750,000 Reduced by $45,000 on 4/29/2025
Price: $1,750,000
Beds: 11
Baths: 11
Built in 1964
6,009 sqft
0.17 acres
Lot size: 0.1722
County: Los Angeles
Zoning: LAR3
Parking description: Covered,Uncovered
Heating description: Wall Furnace
MLS area: VN - Van Nuys

Last Updated: 4/29/2025

 Days On Market (DOM): 137

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This listing belongs to the VN - Van Nuys MLS area

Lat/Long: 34.189974, -118.445029.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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