14629 Erwin Street, Van Nuys, CA 91411

Local realty services provided by:ERA North Orange County Real Estate
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14629 Erwin Street,Van Nuys, CA 91411
$12,500,000
  • 49 Beds
  • 40 Baths
  • 24,115 sq. ft.
  • Multi-family
  • Active
Listed by:scott rosenberg
Office:kidder mathews of california, inc.
MLS#:25549049
Source:CRMLS

Price summary

  • Price:$12,500,000
  • Price per sq. ft.:$518.35

About this home

Kidder Mathews 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 over a 5% CAP rate at market rents. The property features 23 dedicated parking spaces within a secure, gated entrance, as well as spacious, thoughtfully designed unitseach with a private balcony and in-unit washer and dryer. Two expansive penthouse units boast enormous balconies, and all units are currently vacant.Uniquely situated in an opportunity zone, the property sits in a thriving neighborhood with approximately 20 new multifamily development projects in the Van Nuys submarket. It also borders dynamic areas like Sherman Oaks and North Hollywood, where nearly 40 major development projects are underway. The submarket has demonstrated proven strong rental demand and consistently high

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Home facts

  • Year built:2025
  • Listing Id #:25549049
  • Added:73 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:49
  • Total bathrooms:40
  • 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

Finances and disclosures

  • Price:$12,500,000
  • Price per sq. ft.:$518.35
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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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