$10,950,000
-$550,00014629 Erwin Street, Van Nuys CA 91411
Multi-Family (22 Units)
Property type
365 days
On market
$454
Price per sqft
N/A
Garage
2025
Year built
14,009 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Scott Rosenberg DRE #01456686 310-889-8738, Kidder Mathews of California, Inc.
Listing updated: May 29, 2026 at 07:58pm.
Last checked: Jun 2, 2026 at 01:00pm
Source: CRMLS #25549049
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $1,713 | $6,850 | $6,850 | Unfurnished |
| 9 | 2 | 2 | — | $3,211 | $28,900 | $28,900 | Unfurnished |
| 9 | 3 | 2 | — | $3,822 | $34,400 | $34,400 | Unfurnished |
# of Buildings: 1
# of Units Total: 22
Dishwasher: 22
Ranges: 22
Refrigerator: 22
Financial Snapshot
Gross Rent Multiplier
13.0x
List Price / Annual Gross Rent
Cap Rate
5.43%
NOI / List Price
Net Operating Income: $594,141
Interior
Interior Features: Balcony, Elevator, Open Floor Plan, Recessed Lighting, Walk-in Closets
Room Type: Living Room, Other
Flooring: Wood
Heating: Electric
Appliances: Dishwasher, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer
Fireplace: None
Laundry: Dryer Included, Washer Included
Entry Location: Elevator
Exterior
Architectural Style: Contemporary
Stories Total: 5
Levels: Three Or More, Multi Split
Door Features: Insulated Doors, Sliding Doors
Foundation: Permanent, Slab
Window Features: Double Pane Windows
Construction Materials: Concrete, Stucco
Exterior: Rain Gutters
Security Features: Fire Sprinkler System, Security Gate, Gated Community, Twenty Four Hour Security
Pool: None
Spa: None
Sewer: Sewer Tap Paid
View: City Lights
Patio and Porch Features: Enclosed
Garage and Parking
Parking: Assigned, Controlled Entrance, Covered, Gated, Side By Side
Parking Total: 30
Lot Information
Land Lease: No
Parcel #: 2241011021
Zoning: LAR3
Community
HOA: No
HOA Amenities: Controlled Access, Security
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 14629 Erwin Street, Van Nuys, CA 91411. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$8,760,000
Total Interest
$11,172,897
Total Payment
$19,932,897
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$66,925
per month
Property History for 14629 Erwin Street
Van Nuys Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91411.
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