14629 Erwin Street, Van Nuys, CA 91411

Van Nuys
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
14629 Erwin Street,Van Nuys, CA 91411
$10,950,000
  • 49 Beds
  • 40 Baths
  • 24,115 sq. ft.
  • Multi-family
  • Active
Listed by: scott rosenberg
Office: kidder mathews of california, inc.310-807-0880
MLS#:25549049
Source:CRMLS

Price summary

  • Price:$10,950,000
  • Price per sq. ft.:$454.07

About this home

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 areas. The property also features 30 dedicated parking spaces secured behind a gated entrance, providing residents with both convenience and peace of mind. The asset is situated within one of the Valley's most active development corridors, with approximately 20 new multifamily projects underway in Van Nuys and nearly...

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Home facts

  • Year built:2025
  • Listing ID #:25549049
  • Added:388 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Bedrooms:49
  • Total bathrooms:40
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Microwave, Oven, Range Hood, Refrigerator, Washer
  • Living area:24,115 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:2025
  • Building area:24,115 sq. ft.
  • Lot area:0.32 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Concrete, Stucco
  • Exterior Features:Enclosed
  • Foundation Description:Permanent Foundation, Slab
  • Levels:Multi Split, Three Or More

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$10,950,000
  • Price per sq. ft.:$454.07

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Balcony, Controlled Access, Double Pane Windows, Elevator, Fire Sprinkler System, Gated Community, Open Floorplan, Rain Gutters, Recessed Lighting, Security, Security Gate, Walk In Closets

Parking

  • Total parking spaces:30
  • Parking description:Assigned, Controlled Entrance, Covered, Gated, Side By Side
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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