Multifamily
14629-31 Erwin St
14629 Erwin St, Los Angeles, CA 91411
Listing Price: $12,250,000
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 14629-31 Erwin St, a 22-unit investment opportunity located in Van Nuys, CA 91411.
14629-31 Erwin St
Investment Highlights
- Attractive San Fernando Valley Location – Positioned in Van Nuys near Sherman Oaks and North Hollywood, providing access to major job hubs, retail corridors, and transit.
- Strong Rental Demand – Consistently low vacancy in the submarket with steady tenant base; opportunity to achieve market rents with professional management.
- Stable Cash Flow – Multifamily properties in this pocket deliver predictable income with cap rates in the 4.5%–5.5% range depending on operations.
- Modern Unit Features – All units have expansive private balconies and in-unit washer/dryers.
- On-Site Fitness Center – Amenity for tenants that enhances quality of living and supports strong tenant retention.
- 27 Gated Parking Spaces – Secure, dedicated parking adds value for residents and increases overall property desirability.
Exclusively Listed By
Listing Price: $12,250,000
Investment Highlights
- Attractive San Fernando Valley Location – Positioned in Van Nuys near Sherman Oaks and North Hollywood, providing access to major job hubs, retail corridors, and transit.
- Strong Rental Demand – Consistently low vacancy in the submarket with steady tenant base; opportunity to achieve market rents with professional management.
- Stable Cash Flow – Multifamily properties in this pocket deliver predictable income with cap rates in the 4.5%–5.5% range depending on operations.
- Modern Unit Features – All units have expansive private balconies and in-unit washer/dryers.
- On-Site Fitness Center – Amenity for tenants that enhances quality of living and supports strong tenant retention.
- 27 Gated Parking Spaces – Secure, dedicated parking adds value for residents and increases overall property desirability.
Investment Overview
Marcus and Millichap is pleased to present the opportunity to acquire 14629-31 Erwin St, a 22-unit investment opportunity located in Van Nuys, CA 91411.
Exclusively Listed By
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