Van Nuys, CA 91405 14553 Hartland Street

14553 Hartland Street Van Nuys, CA - Image 114553 Hartland Street Van Nuys, CA - Image 214553 Hartland Street Van Nuys, CA - Image 3
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Presented By: Casey Picard with Keller Williams Realty - (626) 716-4451
  • I-Tech MLS - 227 - CA
  • MLS# P123259
  • 07/16/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 5
  • SQFT • 12,241

Home Details

Located on the corner of Hartland Street and Vesper Avenue in Van Nuys, California this seventeen unit apartment complex is a two parcel property with address of 6840 Vesper Avenue (APN: 2219-026-058) & 14553 Hartland Street (APN: 2219-026-057). Together, the investment opportunity totals +/-12,241 square feet on a +/-14,911 square foot lot. A new owner will have the opportunity to purchase a unique investment with a strong unit mix of (4) - 2 bed / 2 bath, (1) - 2 bed / 1 bath SFR, (1) - 2 bed / 1 bath, and (11) - 1 bed / 1 bath units. Currently, there is an assumable Chase loan with a balance of $1,775,000 at a fixed 3.38% interest rate until June 1st, 2027. Upon assumption, the monthly payment will be approximately $8,360. Furthermore, there is no need for an on-site manager due to the asset having 5 units on one parcel and 12 units on another. This asset is a great opportunity for any investor looking for scale with minimal management costs.
Presented By: Casey Picard with Keller Williams Realty - (626) 716-4451

Interior Features for 14553 Hartland Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area

General for 14553 Hartland Street

Additional Parcels Description6840 Vesper Avenue (APN: 2219-026-058)
Additional Parcels Y/NYes
Cap Rate5.41
CityVan Nuys
Community FeaturesStreet Lights
CoolingWall/Window Unit(s)
CountyLos Angeles
Current FinancingAssumable
DirectionsLocated on the corner of Hartland and Vesper
Electric Expense
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income323144
HOA Fee$
HeatingWall Furnace
Insurance Expense17000
Land Lease Y/NNo
Lot Size Square Feet14911
Lot Size UnitsSquare Feet
MLS AreaVN - Van Nuys
MaintenanceExpense12750
Net Operating Income184052
Number Of Units Total17
Operating Expense134300
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Subdivision NameNot Applicable
Tax Lot17
Taxes$42,500
Trash Expense7198
ViewNone
Water Sewer Expense38818
Year Built1965
Year Built SourceAssessor

Exterior for 14553 Hartland Street

Building Area Total12241
FencingWrought Iron
Lot FeaturesSprinklers None
Lot Size Acres0.3423
Lot Size Area14911
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters18
Number of Separate Gas Meters18
Number of Separate Water Meters2
SpaNo
Total Parking18

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,400,000
MLS#P123259
List Date 07/16/2025
Property Type Income
Phone 714.742.6515
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Request Info
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