27-Unit Multifamily Development
14552 Erwin Street Los Angeles, CA 91411
14552 Erwin Street, Los Angeles, CA, 91411
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For Sale
Contact for pricing
Pending
Three-story, 27-unit apartment building plan with rooftop patio and parking on two levels.
Days on Market103
Property Features for 14552 Erwin Street
General Information
- Standard status
- Pending
- Property subtype
- Land
Listing agency
KW Commercial Glendale
(818) 425-1160
Listed by
Heros Minasian · License #CA 01336634
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 1:38PM Checked: Jul 21 at 1:38PM
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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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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
