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14109 Erwin St

14109 Erwin St, Van Nuys, CA 91401
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
5.25%
Building Size
5,200SF
Parking Info
1.35/1000 SF
APN
2240-018-015
Lot Size
0.15Ac
Year Built
1964
Listing Contacts
Executive Vice President

More property details

Zoning
R3-1
Occupancy
97%
Currently Leased
No
Property Class
C
No of Stories
1
Units
7

Features & amenities

Location Amenities
Airport
Metro/Subway
Commuter Rail

Location

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14109 Erwin St
About the location

Equity Union Commercial is pleased to present this seven-unit apartment building located in a desirable rental pocket of Van Nuys. The property offers strong in-place income with clear upside potential, as current rents have not been increased and tenants are scheduled for allowable increases beginning 2/1/26.

The building features a well-balanced unit mix consisting of (1) studio, (4) one-bedroom/one-bath units, (1) two-bedroom/two-bath unit, and (1) three-bedroom/two-bath unit, totaling approximately 5,200 rentable square feet on a 6,252 square foot lot. Capital improvements include a completed seismic retrofit, a new roof installed in 2018, copper plumbing, and a new water heater. The upstairs balconies have also been renovated. A new owner may elect to upgrade the electrical system to potentially reduce insurance costs.

Conveniently located with quick access to the 405, 101, and 170 freeways, the property is just minutes from Ventura Boulevard’s dining and retail amenities. Public transit options, including Metro service, provide easy connectivity to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and Downtown Los Angeles, further enhancing the property’s long-term rental appeal.

14109 Erwin St
5,200 SF · multifamily · United States · CA