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Van Nuys Multifamily Investment Opportunity
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14629-31 Erwin St, Los Angeles, CA 91411

22-unit multifamily property in a desirable Van Nuys location.

Property Size24,115 SF
Price / SF$476.88
Days on Market164

Property Features for 14629-31 Erwin St

General Information

Standard status Active
Size 24,115 SF
Total Parking Spaces 27
Property subtype Multifamily
Zoning LAR3
Net Operating Income $575,796

Building Details

Year Built 2025
Buildings 1
Stories 4
Units 22
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Tony Azzi · License #00910513
Source: Crexi
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 13 at 2:14PM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

The property at 14629-31 Erwin St, Los Angeles, CA 91411 presents an investment opportunity with 22 units. The property is strategically located in Van Nuys, on the cusp of three unique neighborhoods that have emerged as some of Los Angeles’ hippest areas. Residents can enjoy trendy nightlife, a plethora of culinary hot spots, and other entertainment options. The property size is 24,115 square feet.

Key Highlights

  • Located in a highly desirable area near trendy nightlife and culinary hotspots.
  • Positioned on the cusp of three unique and hip neighborhoods.
  • Offers a significant investment opportunity.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Butcher Bar & Pub Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,643
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 22-unit multifamily property in a desirable Van Nuys location.
Where is this apartment building located?
The property is located at 14629-31 Erwin St Los Angeles, CA.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: Located in a highly desirable area near trendy nightlife and culinary hotspots.; Positioned on the cusp of three unique and hip neighborhoods.; Offers a significant investment opportunity.
(310) 909-5454 Call to check price and availability
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