14764 Sylvan Apartments

2007-Built Asset in Prime Van Nuys

Built in 2007, the property offers a significantly newer asset than much of the surrounding Van Nuys apartment inventory, reducing near-term capital needs typically associated with older multifamily properties. Located in the heart of the San Fernando Valley, the property provides convenient access to major employment centers, freeways, public transportation, shopping, dining, and surrounding Los Angeles communities.

100% Two-Bedroom Townhome-Style Units

All eight units feature spacious two-bedroom, 2.5-bathroom townhome-style floor plans ranging from approximately 1,240 to 1,410 square feet. With an average unit size of approximately 1,294 square feet, the property offers large residential-style layouts that provide greater space and functionality than traditional apartment units.

Strong In-Place Income with Additional Upside

The property provides immediate in-place cash flow with a clear opportunity to increase income as rents are brought toward market levels. Current monthly rents total approximately $23,950, compared to $25,870 at market, representing approximately $1,920 in additional monthly rental income.

Potential Individual Unit Sell-Off Strategy

Each of the eight units has an individual APN, providing a unique opportunity for a future individual-unit sale strategy. While currently operated and offered as an apartment building, the property is physically configured in a manner that may support condominium conversion. A future owner could pursue the required documentation and approvals to potentially sell the units individually, creating an additional path to value beyond a traditional multifamily sale.