$1,100,000
PENDING

14805 Erwin St Van Nuys, CA 91411

Estimated payment $6,886/month

-- Bed
8 Baths
3,506 Sq Ft
$314 Price per Sq Ft

About This Home

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.

Listing Agent

Tony Azzi

Tony Azzi License #00910513 Listed on: 11/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 6,256 Sq Ft Lot

Interior Spaces

  • 8 Bathrooms
  • 3,506 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Car Attached Garage
  • Uncovered Parking

Community Details

  • 8 Units
  • Vacancy Allowance $5,439

Listing and Financial Details

  • Assessor Parcel Number 2241-009-024

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: 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.
  • Living Area: 3506
  • Lot Acreage: 0.1436
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8.00
  • Price Per S Q F T: 313.75

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Attached, Uncovered
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 261246
  • Assessed Land Percent: 40
  • Assessed Land Value: 174156
  • Total Assessed Value: 435402
  • Assessor Parcel Number: 2241-009-024
  • Lot Size Area: 6256

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.11
  • Number Of Units: 8
  • Type Of Units: Standard
  • Vacancy Allow: 5439
  • Vacancy Allow Percent: 5.00

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Pending -- -- --
11/18/2025 11/18/25 For Sale $1,100,000 -- $314 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25626279

The MLS
California Los Angeles County Van Nuys 91411

14805 Erwin St, Van Nuys, CA

Pending

MultiFamily

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The MLS © 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Tony Azzi
Listing Agent
Tony Azzi
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Tony Azzi
(310) 909-5454