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$ 1,100,000
Est. payment | /mo
8 Baths
3,506 SqFt
$ 1,100,000
Est. payment | /mo
8 Baths
3,506 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,506 sqft
Price per Sqft $313
MLS Listing ID 25626279
HOA Y/N No
Year Built 1962
Property Description
14805 Erwin St is an eight-unit multifamily investment opportunity located in a highly central pocket of Van Nuys. The property features (8) studio units averaging 438 SF, separately metered gas and electric, and approx. 2,000 SF of on-site parking/garage space. Built in 1962, the well-maintained building sits on a 6,524 SF LAR3-zoned lot, offering long-term redevelopment or density-bonus potential (buyer to verify). Current rents provide stable income with a clear path to upside through lease turnover and modest interior updates. Ideally positioned near Sherman Oaks, Valley Glen, and Lake Balboa, the property benefits from strong renter demand, excellent walkability, and convenient access to major transportation and amenities. A highly executable value-add opportunity in a supply-constrained rental market.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Uncovered
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2241009024
Special Listing Condition Standard
Listed by Tony Azzi Tony Azzi
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Phillip Nunez
REALTOR® | Lic# 01421807