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Listed by: Scott Rosenberg (310) 889-8738 DRE #01456686 | Kidder Mathews of California, Inc. (310) 807-0880
$10,950,000
Monthly Est:$54,502
49 Beds
40 Baths
24,115sqft
14629 Erwin St, Van Nuys, CA 91411
$10,950,000
$54,502/moEst:
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Multi Family
Built in 2025
$-- HOA
14,009 sqft lot
$454/sq.ft
Description
This newly constructed multifamily development represents a rare turnkey opportunity in the heart of Van Nuys. The project has secured its TCO and is pending final Certificate of Occupancy, positioning an investor to move directly into lease-up, with fourteen (14) units already occupied at pro forma rents, providing early income validation and a strong foundation for stabilization at a projected 5.43% market cap rate, allowing for immediate lease-up and optimized rental execution. The units are thoughtfully designed with spacious layouts, private balconies, and in-unit washer/dryers, while two oversized penthouse units crown the building and offer expansive outdoor living...
Continue Reading- Houzeo last checked: 2 minutes ago
- Listing updated: August 31, 2026 at 5:22 am
- Source: California Regional MLS-CA | MLS#: 25549049
Property 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
471
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 49
Bathrooms: 40
Interior
Flooring
Wood
Appliances
Dishwasher, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer
Sewer
Sewer Tap Paid
Window Features
Double Pane Windows
Interior Features
Balcony, Elevator, Open Floorplan, Recessed Lighting, Walk In Closets
Heating
Electric
Exterior Features
Rain Gutters
Construction
Year Built
Year Built: 2025
Home type
Multi Family
Construction Materials
Concrete, Stucco
Architectural Style
Contemporary
Foundation Details
Permanent, Slab
Utilities & Energy
Security Features
Fire Sprinkler System, Security Gate, Gated Community, Twenty Four Hour Security
Parking Features
Assigned, Controlled Entrance, Covered, Gated, Side By Side
Association Amenities
Controlled Access, Security
Pool Features
None
Fireplace Features
None
Other Features
Community Features
Gated
Patio And Porch Features
Enclosed
Price History
| Date | Event | Price |
|---|---|---|
04/01/2026 Source: | Price Decreased | $10,950,000 -4.78% $454/sqft |
12/16/2025 Source: | Price Decreased | $11,500,000 -8.00% $477/sqft |
06/05/2025 Source: | Price Increased | $12,500,000 +8.70% $518/sqft |
06/05/2025 Source: | Listed for Sale | $11,500,000 $477/sqft |
Van Nuys Ranks #168 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 03:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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