27-Unit Multifamily Development
For Sale
Contact for pricing
Pending
14552 Erwin Street, Los Angeles, CA 91411
Three-story, 27-unit apartment building plan with rooftop patio and parking on two levels.
Property SizeContact for details
Days on Market137
Property Features for 14552 Erwin Street
General Information
Standard status
Pending
Total Parking Spaces
30
Property subtype
Land
Zoning
C-2
Additional Details
Multifamily Units
27
Amenities
rooftop patio
lobby
fitness center
Building Details
Stories
3
Listing Agency:
KW Commercial Glendale
(818) 425-1160
Listed By:
Heros Minasian · License #CA 01336634
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 23 at 2:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Glendale
Investment Insights
Based on property information with market context.
Stevenson Real Estate Services presents the exclusive offering of Erwin One, a residential development opportunity featuring a well-designed 27-unit apartment building. The plan calls for a three-story configuration over one floor of subterranean parking and one floor of on-grade parking. Unit mix includes 21 1B/1B units and 6 2B/2B units, with 24 market rate units and 3 very low income rental units. Supporting amenities shown include a 700 SF lobby and 840 SF REC/GYM space, along with a 1,260 SF rooftop open space patio.
The property is zoned C-2, with flexible zoning also allowing for R-4 multifamily development. Permits are in the final stages and are planned to be ready to issue (RTI) in December of 2017. The existing retail/commercial building is currently occupied on a month-to-month basis and is scheduled to be delivered vacant at the close of escrow.
Parking totals 30 spaces, comprised of 27 standard and 3 compact spaces, distributed across ground-level and subterranean parking areas.
The property is zoned C-2, with flexible zoning also allowing for R-4 multifamily development. Permits are in the final stages and are planned to be ready to issue (RTI) in December of 2017. The existing retail/commercial building is currently occupied on a month-to-month basis and is scheduled to be delivered vacant at the close of escrow.
Parking totals 30 spaces, comprised of 27 standard and 3 compact spaces, distributed across ground-level and subterranean parking areas.
Key Highlights
- Residential development opportunity at 14552 Erwin Street, Van Nuys, CA, one block west of Van Nuys Blvd and Van Nuys City Hall
- 27‑unit apartment building plan: 3 stories over one floor of subterranean parking plus one floor of on‑grade parking
- Unit mix: 21 1B/1B and 6 2B/2B; includes 24 market‑rate units and 3 very low income rental units
Property Analytics
Current Use
Lease Details
27
Residential units
Location Intelligence
Trade Area within ½ mile
3,702
Businesses Nearby
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three-story, 27-unit apartment building plan with rooftop patio and parking on two levels.
Where is this apartment building located?
The property is located at 14552 Erwin Street Los Angeles, CA.
What are key features of this property?
This property features: Residential development opportunity at 14552 Erwin Street, Van Nuys, CA, one block west of Van Nuys Blvd and Van Nuys City Hall; 27‑unit apartment building plan: 3 stories over one floor of subterranean parking plus one floor of on‑grade parking; Unit mix: 21 1B/1B and 6 2B/2B; includes 24 market‑rate units and 3 very low income rental units
