Alexander Masket
Responds Quickly
Compass
(323) 310-1876
28 Total Sales
1 in Van Nuys
$2,195,995 Price
15143 Erwin St Van Nuys, CA 91411
Van Nuys Area
22
Beds
12
Baths
8,320
Sq Ft
0.31
Acre Lot
About This Home
As of July 2022An opportunity to acquire a twelve (12) unit apartment building (two 6 unit buildings each with their own APN) located in the dense rental submarket of Van Nuys. Resting on a double lot with approx. 13,499 +/- square feet, the Property features a highly desirable unit mix of two (2) 1 bed 1 bath units and ten (10) 2 bed and 1 bath units. The Property on-site parking and on-site coin operated laundry. This opportunity also offers an investor 22% +/- of rental upside, and potential to add ADU's to the property. Eight units have laminate flooring, and one unit (15143 # 6) has remodeled kitchen and bathroom. The one bedroom units' utilities are attached to the laundry room, so the landlord pays for all utilities for these 2 units. The property is currently zoned (Q)R3-1-RIO with a TOC Tier 3 incentive. This provides an investor with an opportunity to potentially redevelop the lot in the future. A developer can building 16 units by right, or 24 units with the TOC Tier 3 incentive. Buyer to independently verify.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 13,499 Sq Ft Lot
Home Design
- 8,320 Sq Ft Home
Bedrooms and Bathrooms
- 22 Bedrooms
- 12 Bathrooms
Parking
- 12 Parking Spaces
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 12 Units
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 2242-013-006
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2022
Closed on
Jul 6, 2022
Sold by
Bought by
Seller's Agent
Andy Kawatra
Equity Union
Buyer's Agent
Kelly Morgan
Houze Real Estate Management
List Price
$3,250,000
Sold Price
$3,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,429,448
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 13, 2022
Closed on
May 20, 2022
Sold by
Bought by
Seller's Agent
Andy Kawatra
Equity Union
Buyer's Agent
Kelly Morgan
Houze Real Estate Management
List Price
$3,250,000
Sold Price
$3,250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,429,448
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2015
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Van Nuys, CA
-
Alexander Masket
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
172 Total Sales
2 in Van Nuys
$890,000 Price Range
-
Barbara Radke
Barbara Radke
Responds QuicklyKeller Williams Westlake Village
(833) 641-9949
116 Total Sales
2 in Van Nuys
$645,000 Price Range
-
Kevin Da Silva
Kevin Da Silva
eXp Realty of Greater Los Angeles, Inc.
(424) 372-0894
98 Total Sales
1 in Van Nuys
$420,000 Price
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
185 Total Sales
1 in Van Nuys
$485,000 Price
-
Magdalena Aguilar
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
(213) 296-1973
77 Total Sales
1 in Van Nuys
$727,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,250,000 | Ticor Title | ||
| -- | Ticor Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,525,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/12/2022 07/12/22 | Sold | $3,250,000 | 0.0% | $391 / Sq Ft |
| 05/08/2022 05/08/22 | Pending | -- | -- | -- |
| 04/13/2022 04/13/22 | For Sale | $3,250,000 | -- | $391 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $21,179 | $1,690,650 | $676,260 | $1,014,390 |
| 2024 | $20,917 | $1,657,500 | $663,000 | $994,500 |
| 2023 | $20,522 | $1,625,000 | $650,000 | $975,000 |
| 2022 | $4,257 | $277,423 | $77,664 | $199,759 |
| 2021 | $4,188 | $271,985 | $76,142 | $195,843 |
| 2019 | $4,086 | $263,920 | $73,885 | $190,035 |
| 2018 | $3,952 | $258,746 | $72,437 | $186,309 |
| 2016 | $3,709 | $248,700 | $69,625 | $179,075 |
| 2015 | $3,665 | $244,966 | $68,580 | $176,386 |
| 2014 | -- | $240,168 | $67,237 | $172,931 |
Source: Public Records
Agents Affiliated with this Home
-
Andy Kawatra
Seller's Agent in 2022
Andy Kawatra
Equity Union
(818) 456-7846
20 Total Sales
-
Kelly Morgan
Buyer's Agent in 2022
Kelly Morgan
Houze Real Estate Management
(310) 836-3638
31 Total Sales
Map
Source: The MLS
MLS Number: 22-146213
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
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.
Information is deemed reliable but not guaranteed.
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