14830 Erwin St - Apartments FOR SALE


Van Nuys, CA 91411
$900,000 USD
818-219-6146
14830 Erwin St, Van Nuys, CA for Sale
$900,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

14830 Erwin St
Van Nuys, CA 91411


HIGHLIGHTS

  • Full Copper Plumbing, Recently Upgraded Roof
  • Blocks from Sherman Oaks, Near Costco Wholesale and Target
  • Outstanding Opportunity to Add Value — Current Rents Approximately 74% Below Market
  • Supplemental Income Provided via On-Site Laundry Room and Storage Area
  • Detached Carports Provide Potential ADU Options (Buyer to Verify)
  • Convenient Access to 405 and 101 Freeways

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to purchase 14380 Erwin Street, a four-unit multifamily property located in the established Van Nuys neighborhood of the San Fernando Valley. The property provides investors with an attractive combination of current income, supplemental revenue, and future value-add potential. The property consists of four residential units, including one updated unit, allowing an investor to benefit from an existing renovated unit while maintaining additional upside through future unit improvements and tenant turnover. The property also generates supplemental income from an on-site storage room, creating an additional revenue stream beyond traditional residential rents. Partial roof improvements were completed in 2025 and the building features full copper plumbing, helping a new owner to reduce the need for immediate capital investment in the property. Located near the intersection of Kester Avenue and Oxnard Street, the property provides convenient access to major transportation corridors, employment centers, shopping, restaurants, and neighborhood amenities throughout the San Fernando Valley. The property’s four-unit configuration offers an attractive entry point for investors seeking a smaller multifamily asset with manageable operations and the potential to enhance income through continued improvements.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

4

PRICE/UNIT

$225,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Copper Plumbing | 73% Upside

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,503 SF

ZONING

LAR3

APN/PARCEL ID

2241-016-008

ASK ABOUT THIS PROPERTY

Rick RaymundoMarcus and MillichapMore Info
818-219-6146

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Rick RaymundoMarcus and MillichapMore Info
818-219-6146

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.