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Listed by: Scott Rosenberg (310) 889-8738 DRE #01456686 | Kidder Mathews of California, Inc. (310) 807-0880
$11,500,000
49 Beds
- 40 Baths
24,115sqft
14629 Erwin St, Van Nuys, CA 91411
$11,500,000
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Multi Family
Built in 2025
$-- HOA
14,009 sqft lot
$477/sq.ft
Description
Our team is pleased to present a brand-new, 22-unit multifamily property located in the vibrant heart of Van Nuys, CA. This newly developed project has received its TCO and is awaiting the Certificate of Occupancy, offering a turnkey investment opportunity with the potential to stabilize at a 5.69% CAP rate at market rents. The property features 30 dedicated parking spaces within a secure, gated entrance, as well as spacious, thoughtfully designed units each with a private balcony and in-unit washer and dryer. Two oversized penthouse units crown the building and offer expansive outdoor living areas. Uniquely situated in an opportunity zone, the property sits in a thriving...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
Year Built
2025
HOA Fees
-
Finished Area
24,115 sqft
Lot Size
14,009 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25549049
MLS Status
Active
Days on Market
239
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