Built in 2025, this four-story, 24,115 SF Class A property presents a prime opportunity to invest in one of the San Fernando Valley’s most dynamic rental markets. This newly developed project has received its Temporary Certificate of Occupancy (TCO) and is awaiting final Certificate of Occupancy. Ideally located near Sherman Oaks and North Hollywood, it offers tenants convenient access to major employment centers, retail corridors, and transit options. Each unit features modern finishes, in-unit washer/dryers, and private balconies, while the community offers an on-site fitness center and 27 gated parking spaces that enhance tenant appeal and retention. Two expansive penthouse units boast enormous balconies, and 9 of the 22 units are currently pre-leased with 13 units currently available, allowing investors immediate leasing flexibility and rent optimization potential. With fee simple ownership, separately metered utilities, and strong market fundamentals, the property delivers efficient operations, stable cash flow, and long-term value in a high-demand Van Nuys submarket. Multifamily assets in this area historically achieve cap rates around 4.5%, offering investors the potential for consistent income, long-term appreciation, and exposure to a resilient, high-growth market supported by strong rental fundamentals.
Property Details
Price:
$11,500,000
MLS #:
25611273
Status:
Active
Beds:
49
Baths:
40
Type:
Single Family
Neighborhood:
vnvannuys
Listed Date:
Jan 21, 2026
Finished Sq Ft:
24,115
Total Sq Ft:
24,115
Lot Size:
14,009 sqft / 0.32 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Appliances
DW, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Exterior
Architectural Style
MOD
Parking Spots
27
Security Features
CRD
Financial
Map
Community
- Address14631 Erwin ST Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91411
Subdivisions in Van Nuys
Market Summary
Current real estate data for Single Family in Van Nuys as of Feb 01, 2026
262
Single Family Listed
37
Avg DOM
287
Avg $ / SqFt
$774,466
Avg List Price
Property Summary
- 14631 Erwin ST Van Nuys CA is a Single Family for sale in Van Nuys, CA, 91411. It is listed for $11,500,000 and features 49 beds, 40 baths, and has approximately 24,115 square feet of living space, and was originally constructed in 2025. The current price per square foot is $477. The average price per square foot for Single Family listings in Van Nuys is $287. The average listing price for Single Family in Van Nuys is $774,466.
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14631 Erwin ST
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