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$10,995,000

For Sale

5 months ago

14631 Erwin St, Van Nuys, CA

House

MLS® 25611273

49 Bed

40 Bath

24115 sqft

27 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 24115 sqft
Garage 
Taxes 
Days Active 161
Lot Size 
Approx. Age 2025
Avg. Price Per Sqft $455
MLS® Number 25611273

Property Address: 14631 Erwin St, Van Nuys, CA, 91411-2302

Average square foot calculated using Size range provided by listing agent.

Description

Built in 2025, this four-story, 24, 115 SF Class A property presents a prime opportunity to invest in one of the San Fernando Valley's most dynamic rental markets. This newly developed project has received its Temporary Certificate of Occupancy (TCO) and is awaiting final Certificate of Occupancy. Ideally located near Sherman Oaks and North Hollywood, it offers tenants convenient access to major employment centers, retail corridors, and transit options. Each unit features modern finishes, in-unit washer/dryers, and private balconies, while the community offers an on-site fitness center and 27 gated parking spaces that enhance tenant appeal and retention. Two expansive penthouse units boast enormous balconies, and 9 of the 22 units are currently pre-leased with 13 units currently available, allowing investors immediate leasing flexibility and rent optimization potential. With fee simple ownership, separately metered utilities, and strong market fundamentals, the property delivers efficient operations, stable cash flow, and long-term value in a high-demand Van Nuys submarket. Multifamily assets in this area historically achieve cap rates around 4.5%, offering investors the potential for consistent income, long-term appreciation, and exposure to a resilient, high-growth market supported by strong rental fundamentals.
MLS® Number25611273
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2025
Basement
DrivewayUnderground, Private
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 27, 2025List Date
$10,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
14631 Erwin St, Van Nuys, CA

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