14631 Erwin St Van Nuys, CA 91411
Highlights
- New Construction
- City View
- Modern Architecture
- Van Nuys High School Rated A
- 0.32 Acre Lot
- Subterranean Parking
About This Home
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
Home Type
- Multi-Family
Year Built
- Built in 2025 | New Construction
Home Design
- Modern Architecture
Interior Spaces
- 24,115 Sq Ft Home
- 4-Story Property
- City Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 49 Bedrooms
- 40 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 27 Car Garage
- Subterranean Parking
Additional Features
- 0.32 Acre Lot
- City Lot
- Central Heating and Cooling System
Community Details
- 22 Units
- Card or Code Access
Listing and Financial Details
- Assessor Parcel Number 2241-011-078
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2022 | $6,623 | $544,677 | $544,677 | -- |
| 2021 | $10,913 | $890,346 | $533,998 | $356,348 |
| 2020 | $11,022 | $881,218 | $528,523 | $352,695 |
| 2019 | $10,591 | $863,940 | $518,160 | $345,780 |
| 2018 | $10,475 | $847,000 | $508,000 | $339,000 |
| 2016 | $5,201 | $409,988 | $218,079 | $191,909 |
| 2015 | $5,128 | $403,831 | $214,804 | $189,027 |
| 2014 | $5,163 | $395,922 | $210,597 | $185,325 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $11,500,000 | -6.1% | $477 / Sq Ft |
| 10/16/2025 10/16/25 | For Sale | $12,250,000 | -- | $508 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $630,000 | Chicago Title Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Progressive Title | |
| Interfamily Deed Transfer | -- | Lsi Title Agency Inc | |
| Grant Deed | $376,000 | Lsi Title Agency Inc | |
| Trustee Deed | $458,150 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Individual Deed | $152,000 | American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $453,750 | New Conventional | |
| Previous Owner | $175,000 | No Value Available | |
| Previous Owner | $114,000 | No Value Available |
Source: The MLS
MLS Number: 25611273
APN: 2241-011-020
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Ask me questions while you tour the home.