$12,250,000

14631 Erwin Street, Van Nuys (los Angeles), CA 91411

  • 24,115 sqft
  • Property Icon other
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $508/sqft
  • Property List Date Icon Listed 25 days ago

Property 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 14 of the 22 units are currently vacant, 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.

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
Tony Azzi : 310-909-5454
Listing Agent:
Tony Azzi : 310-909-5454
MLS ID:
CL25611273
  • Appliances: Dryer
  • Laundry: DryerWasher
  • A/C: Central Air
  • Heating: Other
  • Parking: Below Ground ParkingPrivate
  • County: Los Angeles
  • Zoning: LAR32241011078
  • View: City Lights

This listing courtesy of Tony Azzi, Tony Azzi

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Van Nuys Elementary School

6464 Sylmar Ave, Van Nuys, CA, 91401

Grades KG-5

0.46 miles away

V

Van Nuys Middle School

5435 Vesper Ave, Sherman Oaks, CA, 91411

Grades 6-8

1.00 miles away

W

Will Rogers Continuation

14711 Gilmore St, Van Nuys, CA, 91411

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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14629 Erwin Street, Van Nuys (los Angeles), CA 91411
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$12,500,000

  • 24,115 sqft |
  • 0.32 acre lot
14629 Erwin Street Van Nuys (los Angeles), CA 91411

#CL25549049 - Kidder Mathews of California, Inc.