Properties

Van Nuys, CA 91411 14631 Erwin Street

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Presented By: Tony Azzi with Tony Azzi;
  • MLS# 25611273
  • 10/16/2025
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  • Beds • 49
  • Baths • 18
  • SQFT • 24,115

Home Details

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.
Presented By: Tony Azzi with Tony Azzi;

Interior Features for 14631 Erwin Street

Bedrooms

Total Bedrooms49

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths40

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories4

General for 14631 Erwin Street

AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Architectural StyleModern
Cap Rate5.24
CityVan Nuys
CoolingCentral Air
CountyLos Angeles
Directions14629- 31 Erwin St, Van Nuys, CA 91411, offers easy access from the 405 and 101 Freeways. Conveniently positioned just minutes from Sherman Oaks and North Hollywood, with nearby shopping, dining, and transit options throughout the San Fernando Valley.
Full Baths
Gross Income843600
HOANo
HeatingCentral
LevelsThree Or More
Living Area24115
Lot Size Square Feet14009
Lot Size UnitsSquare Feet
MLS AreaVN - Van Nuys
Net Operating Income575764
New ConstructionYes
Number Of Units Total22
PostalCityVAN NUYS
Property TypeResidential Income
Rent Control Y/NNo
Security FeaturesKey Card Entry
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewCity Lights
Year Built2025
Year Built SourceOwner
ZoningLAR3

Exterior for 14631 Erwin Street

Building Area Total24115
Lot Size Acres0.3216
Lot Size Area14009
Lot Size SourceOther
Number of Buildings1
Parking FeaturesUnderground, Private
Total Parking27

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $10,995,000
MLS#25611273
List Date 10/16/2025
Property Type Multi-Family
Phone 888.795.6274
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