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    Van Nuys Multifamily Investment Opportunity Title is generated by Realmo AI

    14109 Erwin Street, Van Nuys, CA 91401

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    Claim this Listing
    For Sale
    Under Contract
    $1,300,000

    Apartment - Van Nuys, CA

    Type:Apartment
    Property size:
    5,200 SF
    Lot size:
    6,254.00 Acres
    Price / SF:
    $250/SF
    Added:
    Jan 16, 2026
    Days on Market:
    144
    Last Refresh:
    Jun 9 at 8:06 pm

    Property Features for 14109 Erwin Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    6
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Exterior features
    Community Features Included: Valley, Urban, Suburban, Rectangular Lot
    Standard status
    Active Under Contract
    APN
    2240018015
    Size
    5,200 SF
    Lot size
    6,254.00 Acres

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    7
    Architectural style
    Other

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    Listing Contact
    Cindy Hill

    Listing agent Cindy Hill License #00885625

    Listing office Equity Union 16820 Ventura Blvd., Encino, CA

    Listing date Jan 16, 2026

    MLS# SR26011003 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent unit mix: (1) studio, (4) 1+1 units, (1) 2+2 unit, and (1) 3+2 unit.
    • New roof (2018), copper plumbing, and new water heater.
    • Seismic retrofit completed.
    • Close access to the 405, 101, and 170 freeways.
    • Minutes from Ventura Blvd. restaurants and shopping.
    • Metro link transportation service provides easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

    Overview

    This seven-unit apartment building is located in Van Nuys. The property features a unit mix of one studio, four one-bedroom, one-bathroom units, one two-bedroom, two-bathroom unit, and one three-bedroom, two-bathroom unit. Situated on a 6,252 square foot lot, the building offers a total of 5,200 rentable square feet. Seismic retrofitting has been completed. Additional features include a new roof installed in 2018, copper plumbing, and a new water heater. The upstairs balconies have been renovated. The property is located in Van Nuys, providing convenient access to the 405, 101, and 170 freeways. Ventura Boulevard, with its various restaurants and shopping options, is located nearby. The Metro Link transportation service offers access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $165.4k $31.80
    − Vacancy −$13.2k −$2.54
    EGI $152.1k $29.26
    − OpEx −$68.5k −$13.17
    NOI $83.7k $16.09
    5,200 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.20M
    $1.05M – $1.39M (±1% cap)
    NOI $83,672 @ 7.0% cap · market cap 6.44%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.78M
    $2.44M – $3.25M (±1% cap)
    NOI $194,884 @ 7.0% cap · market cap 14.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Van Nuys
    County
    Los Angeles
    State
    California
    Longitude
    -118.447599
    Latitude
    34.182701

    FAQs

    What type of property is this?
    Apartment building - Seven-unit apartment building in Van Nuys with recent upgrades.
    Where is this apartment building located?
    The property is located at 14109 Erwin Street Van Nuys, CA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Excellent unit mix: (1) studio, (4) 1+1 units, (1) 2+2 unit, and (1) 3+2 unit.; New roof (2018), copper plumbing, and new water heater.; Seismic retrofit completed.
    More about this property
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