Refine Search
Map
Sort by
$485,000
2 Beds ⋅ 3 Baths ⋅ GD26159743 MLS ⋅ Active Status
Welcome to 14715 Saticoy St! On the market at a new price! Must Sell! Beautifully upgraded 2-bedroom, 2.5-bath townhouse-style condo with direct garage access. Offering nearly 1,100 sq ft of thoughtfully designed living space, this home features upgraded cabinetry, sleek quartz countertops, and stainless steel appliances in the modern kitchen. A combination of laminate and carpet flooring adds warmth and style, while the spacious bedrooms provide comfortable retreats ideal for everyday living. Located in an intimate 17-unit complex, this property combines comfort and convenience with easy access to freeways, shopping, dining, and everything you need just minutes away.

14715 Saticoy Street Unit 14, Van Nuys
$559,000
2 Beds ⋅ 2 Baths ⋅ SR26152296 MLS ⋅ Active Status
Fully remodeled 2-bedroom, 2-bathroom corner unit condo in Van Nuys offering 1,087 square feet of turnkey living space, single-level unit is one of only 45 in the complex and benefits from its corner placement with extra natural light and privacy on two exposures. The kitchen was completely remodeled with quartz countertops, glossy white European-style cabinetry, a wave-textured tile backsplash, and stainless steel appliances including a gas range, dishwasher, and water purifier. A crystal chandelier anchors the adjacent dining area, and the open family room comfortably fits a full sectional, opening through sliding glass doors to a private covered patio with pool views. Custom built-in cabinetry throughout the unit adds abundant storage beyond what's typical for a condo of this size — from the floor-to-ceiling wardrobes lining the primary suite's dressing hallway to additional built-ins in the living areas. The primary suite includes a walk-in closet and a fully remodeled en-suite bathroom with double sinks, quartz counters, and a walk-in shower. The second bedroom is generously sized with easy access to a second remodeled bathroom finished in marble-look tile with its own walk-in shower. In-unit washer and dryer are stacked in a dedicated laundry closet — a true convenience feature buyers actively search for in condos. Additional interior features include crown molding, recessed lighting, and central heat and air. Two attached, side-by-side subterranean garage parking spaces are included — a rare find for a Van Nuys condo, and a meaningful upgrade over the tandem parking common in the building's peer properties. The gated community offers controlled access, an association swimming pool, and an on-site fitness center, all set behind landscaped grounds. HOA dues are $648/month and cover water, trash, maintenance, and building management. Located in Van Nuys, CA 91411, north of Oxnard Street and west of Van Nuys Boulevard, the property is minutes from Ventura Boulevard's shopping and dining corridor, with quick access to the 405 and 101 freeways connecting to Sherman Oaks, Studio City, and the greater San Fernando Valley. Turnkey Van Nuys living with corner-unit privacy, abundant storage, and secured side-by-side parking.

14607 Erwin Street Unit 107, Van Nuys
$825,000
3 Beds ⋅ 4 Baths ⋅ 26857589 MLS ⋅ Active Status
Contemporary 3 bedroom, 4 bathroom tri-level home nestled in vibrant Van Nuys. Built in 2019, this thoughtfully designed residence combines clean modern design, flexible living spaces, and a natural indoor-outdoor flow. The entry level introduces a spacious flex space that easily adapts to your lifestyle -- whether envisioned as a family room, playroom, home office, gym, or creative studio. Two sets of sliding glass doors open to the private patio, creating an inviting extension of the living space for lounging, entertaining, or dining al fresco. A full bathroom, laundry room, and direct access to the private 2-car garage complete this level. Upstairs, the main living level unfolds into an airy open-concept space designed for both everyday living and effortless entertaining. At the heart of the home, the beautifully appointed kitchen is centered around a large island and features stainless steel appliances, sleek flat-front cabinetry and a generous pantry offering abundant storage. The kitchen flows seamlessly into the dining area before opening to the spacious living room, where oversized windows fill the space with natural light and lush treetop views. A spacious bedroom and full bathroom complete this floor. The upper level offers two ensuite bedrooms, including an expansive primary suite featuring a spa-inspired bath with dual vanity, an oversized shower clad in chic slate-colored tile, and a generous walk-in closet with custom built-ins. Large built-ins in the hallway add lots of additional storage opportunity on this level. Ideally located in the heart of the San Fernando Valley, just minutes from the 101 and 405 freeways, Burbank Airport, and the shopping, dining, and entertainment destinations of Sherman Oaks, Studio City, and the NoHo Arts District, this stunning home offers the perfect balance of style, flexibility, and convenience.

14113 W Monroe Place, Van Nuys
$1,049,000
5 Beds ⋅ 4 Baths ⋅ 26856361 MLS ⋅ Active Status
Nestled along a serene, tree-lined street within one of Van Nuys / Sherman Oaks's most established residential corridors, this rare turn key move-in-ready compound is anchored by a stunning 1,382-square-foot contemporary home built in 2020, thoughtfully designed to welcome any buyer. Welcome to 15033 Hartland, built from the ground up with new slab, new roof, new windows, new HVAC, new kitchen cabinetry, and three (3) newer bedrooms and three (3) newer bathrooms. The two-story residence offers open-concept living, dining, kitchen with tall ceilings and abundant natural light. The chef's kitchen is finished with white soft-close shaker cabinets, quartz countertops, and stainless steel appliances. Wide-plank laminate flooring runs throughout, bathrooms feature quartz vanities and tiled showers, central heat and air, in-unit stackable washer and dryer, and a tankless water heater complete the residence. A generous wraparound balcony extends the upstairs living space outward, offering a rare private outdoor retreat with treetop views. Alley access is secured by a remote-controlled gate. The original residence reflects the post-war California Traditional Ranch typology that defined Hartland Street's earliest generation. Welcome to 15031 Hartland, offering approximately 900 square feet of living with two bedrooms, one bathroom, and an attached two-car garage. A spacious living room with charming gas fireplace opens to a dedicated dining area and separate kitchen, preserving the gracious flow that distinguished Valley single-story architecture of the era. Together offering 2,273 square feet of living space, both homes form something rare in Los Angeles. Each stands fully independent, with its own dedicated entrance, separate gas and electric meters, private yard, and ample parking, affording maximum comfort, complete privacy, and effortless versatility. Independently valued, the contemporary home commands approximately $1,000,000 and the front residence approximately $825,000 in today's market offered together at $1,049,000. Current market rents on the same block support approximately $3,250 for the front residence and $4,200 for the contemporary home, a combined $7,450 monthly, delivering a compelling return under nearly any configuration. Centrally located and favored by multi-generational families and entertainment-industry professionals drawn to village-style neighborhoods within the larger city. With a Walk Score of 71, residents are minutes from Jons Market, Starbucks, CVS, Chase, and local boutiques without crossing a major street. Victory Caff is a brief stroll away. Mariscos Corona, Dan's Kitchen, Kinnara, Mr. Pizza, and Bocha for craft ice cream are all within walking distance. Lake Balboa Park offers a lakeside loop, and VNSO Park hosts family-friendly events year-round. Mins to Sherman Oaks and Studio City, where The Shops at Sportsmen's Lodge anchors the Erewhon, Equinox, and Reformation set, and Augustine Wine Bar and Buvette define the evening hours along Ventura Boulevard. MacLeod Ale, the celebrated local brewery, has been a weekly Date Night tradition for the current owners. Warner Bros., Disney, Universal, NBCUniversal, Burbank Airport, Van Nuys Airport, and Valley Presbyterian Hospital are all easy commutes via the 101, 134, 405, and 5, and construction is underway to expand regional transit linking the Westside and Pasadena directly to Van Nuys.

15031 Hartland Street, Van Nuys
$989,950
4 Beds ⋅ 4 Baths ⋅ SR26137377 MLS ⋅ Active Status
Rare opportunity to own a modern, detached four-story home in the highly sought-after community of Valley Glen. Built in 2019, this contemporary residence offers 4 bedrooms, 3.5 bathrooms, 2,143 square feet of thoughtfully designed living space, with no shared walls. Beautiful luxury vinyl plank flooring flows throughout the home, complemented by stylish tile flooring in the bathrooms & laundry room. The first floor features a private bedroom with an en-suite bathroom, making it ideal for guests, extended family, a nanny suite, or a home office. The 2nd floor showcases an open-concept living space designed for today's lifestyle. The spacious family room featuring a custom built-in entertainment center, expansive southern facing windows that flood the space with natural light with unobstructed views, remote-controlled window coverings, and a private balcony where you can relax and continue to enjoy the views of the Valley. Dining area, & chef-inspired kitchen seamlessly blend together, creating the perfect setting for entertaining. The kitchen features an oversized quartz center island, abundant cabinetry & storage, stainless steel appliances. On the 3rd floor, the luxurious primary suite serves as a private retreat, complete with a custom walk-in closet featuring built-in organizers, remote-controlled automatic blinds and a beautifully appointed en-suite bathroom with dual quartz vanities, tile flooring, a floor-to-ceiling tiled walk-in shower, and frameless glass doors. Two additional bedrooms, a full bathroom, and a convenient laundry room complete this level. The crown jewel of this exceptional home is the private rooftop deck on the 4th floor, where you'll enjoy sweeping panoramic views of the Valley & surrounding mountains. Whether relaxing by the fire pit, entertaining guests, or enjoying spectacular sunsets, this outdoor space is truly unforgettable. Rooftop furniture and fire pit are included. Additional highlights include an attached two-car garage & a prime location adjacent to the walking and biking trails. Residents enjoy easy access to nearby parks, shopping, restaurants, NoHo West, Ventura Boulevard, LA Fitness, and major freeways including the 170, 101, and 134, making commuting throughout Los Angeles convenient and efficient. Modern architecture, flexible living spaces, stunning valley views & an unbeatable location combine to create one of Valley Glen's most exceptional offerings.

13219 Victory Boulevard, Van Nuys
$1,525,000
6 Beds ⋅ 5 Baths ⋅ DW26133920 MLS ⋅ Active Status
**INTEREST RATE BUYDOWN PROVIDED BY SELLER TO LOWER BUYER'S MORTGAGE PAYMENTS!** This BRAND NEW CONSTRUCTION, Midvale Estates adjacent stunner in Van Nuys offers the quintessential blend of contemporary, understated luxury, masterfully designed for seamless indoor-outdoor California living. Property features a 4 bed / 2.5 bath / 1,931 sqft single-family home and a detached 2 bed / 2 bath / 749 sqft ADU with its own address, private entrance and separate electrical meter, smartly designed for additional living/flex space or to be easily fenced off for privacy and rental income. Inside the primary residence, exquisite details seldom found at this price point abound — white oak doors and natural oak cabinetry, trim-less doors and baseboards, herringbone flooring, a sky-lit foyer with built-in storage and seating, and so much more. A grand archway pulls you into the heart of the home, an expansive living space with soaring vaulted ceilings and a case study in open floor plan design. Bi-fold patio doors in the living room tuck away from sight to reveal a fully landscaped oasis, blurring the lines between indoors and out. The chef's kitchen is an entertainer's dream, outfitted with professional-grade appliances, natural oak cabinets, marble countertops, a massive island, and a dedicated wet bar. Retreat to the primary bedroom, a quiet sanctuary featuring a spa-style ensuite bathroom with a full-size soaking tub, large walk-in closet, and pocket doors that open directly to the backyard amenities. Two more generously sized bedrooms, a versatile den/office that can also double as a 4th bedroom, ample storage and a finished, oversize garage round out the main home. The same level of detail and finishes extends to the ADU, where French doors connect an open floorplan to a spacious patio to make it feel and live much larger than the square footage suggests. Throughout the property, energy-efficient new construction, all-new high-efficiency systems and paid-off solar panels mean lower operating costs and peace of mind for years to come. With its prime location, meticulous craftsmanship, timeless style and sophisticated details, this spectacular home sets a new standard for elevated California living.

15337 Lemay Street, Van Nuys
$379,000
2 Beds ⋅ 2 Baths ⋅ CV26132115 MLS ⋅ Active Status
BEST VALUE IN SFV! Welcome to this DESIRABLE 2nd Floor level condominium in Downtown Van Nuys! Two bedrooms plus two bathrooms at opposite ends of the home, ideal for roommates or guests! Just blocks from the Orange Line Busway, Costco, restaurants, and grocery stores. This unit offers an open living and dining room with tiled flooring throughout and stainless steel appliances in the kitchen - REFRIGERATOR included! Step out and relax onto your private balcony. Unit has two tandem parking spaces in a gated and secured lot and building. Replaced-In-unit washer and dryer INCLUDED for convenience. HOA fee includes common area maintenance, trash, water and sewer services. Centrally located within a short walk to the courthouse, shops, restaurants, parks and public transportation, and a short drive to Burbank, Los Angeles or UCLA. Commuters will find close proximity to the 405, 101 and 170 freeways great options to navigate Los Angeles traffic. Unit qualifies for "Community Advantage Program."

14610 Erwin Unit 212, Van Nuys
$599,000
2 Beds ⋅ 3 Baths ⋅ 26846369 MLS ⋅ Active Status
This beautifully upgraded, end-unit corner townhome stands above the rest with exceptional privacy and thoughtful finishes throughout. Located in the desirable Kimberly Woods gated community, this 1,410 sq ft 2-bedroom, 2.5-bath home offers semi-corner positioning with one partially shared wall and an extended layout that creates additional space and privacy. Step inside to like-new hardwood floors, custom sea-grass wall accents, and an open, light-filled living room featuring a red-brick, gas log fireplace. The gourmet kitchen boasts custom maple cabinetry, under-cabinet lighting, granite countertops and premium stainless steel appliances perfect for the serious home chef. Tinted windows with custom Graber wood shutters and a ceiling fan keep the eat-in kitchen cool and comfortable. A formal dining room and guest powder bath complete the main level. Upstairs, expansive ceiling heights create a spacious, suburban-home feel. Both the primary and secondary bedrooms offer generous proportions with large custom closets and shelving. The updated bathrooms showcase granite counters, with the primary featuring an elegant glass shower enclosure. There is ample additional storage throughout the unit. The oversized private garage is a standout immaculate and versatile with room for a third car or bonus storage/ workspace, complete with its own private, solid-wood garage door. There is a large bonus space in the back of the garage with a side-by-side washer and dryer. Enjoy a fenced, private patio off the living room and light-filled double corner windows with a view in the primary suite - a rare treat. Community amenities are resort-style: sparkling pool and spa with sundeck, sauna, park-like picnic areas with walking paths, multiple large tables, and a dedicated dog park. The beautifully landscaped grounds feature leafy, winding sidewalks. This gated community offers app-controlled access and comprehensive camera security. Ideally located with easy access to shopping, dining, entertainment and the 101 and 405 freeways. Pride of ownership shines throughout this meticulously cared-for home.

15023 Sherman Way Unit E, Van Nuys
$1,095,000
3 Beds ⋅ 2 Baths ⋅ 26846695 MLS ⋅ Active Status
Remodeled 3-bedroom home on an 8,100-square-foot lot with a finished detached structure ideal for a future ADU, guest house, home office, or rental income. Beautifully updated kitchen, open-concept living, hardwood floors, oversized island, and exceptional outdoor space in one of Van Nuys' most desirable neighborhoods. Thoughtfully updated and move-in ready, this inviting single-story residence offers the perfect blend of modern style, flexible living, and long-term investment opportunity. The open-concept floor plan is filled with natural light and showcases rich hardwood flooring, recessed lighting, and a beautifully remodeled chef's kitchen featuring custom white shaker cabinetry, granite countertops, designer tile backsplash, and an oversized center island that serves as the heart of the home. The spacious primary suite provides a comfortable private retreat with an en-suite bath, while two additional bedrooms offer flexibility for family, guests, or a home office. Every space has been carefully maintained and thoughtfully upgraded for today's lifestyle. Step outside to an expansive backyard designed for entertaining and relaxation, complete with a large, covered patio, manicured lawn, and plenty of room to enjoy Southern California outdoor living. Adding tremendous value is the detached finished structure, already improved with drywall and lighting, creating an outstanding opportunity for a future ADU, guest house, executive home office, fitness studio, creative workspace, or potential rental income (buyer to verify). An extended driveway provides ample off-street parking, while the central location offers convenient access to parks, shopping, dining, schools, and major commuter routes. Offering modern updates, versatile living space, future income potential, and a generous lot, this property presents an exceptional opportunity for homeowners, investors, and anyone seeking both lifestyle and long-term value.

6626 Burnet Avenue, Van Nuys
$2,199,995
8 Beds ⋅ 7 Baths ⋅ SR26113603 MLS ⋅ Active Status
Step into this stunning newly constructed estate featuring a beautifully designed main residence and detached ADU — an exceptional opportunity for multigenerational living, extended families, or added rental income. Thoughtfully crafted with modern elegance and functionality in mind, this property offers an abundance of space, style, and versatility. The main residence at 14929 Vose St. spans approximately 2,450 square feet across two spacious levels and features 5 bedrooms and 5 bathrooms. From the moment you enter, you’re welcomed by soaring ceilings, rich oak wood flooring, custom accent details, and an elegant staircase that sets the tone for the home’s refined design. The chef-inspired kitchen showcases custom oak cabinetry, premium stainless steel appliances, quartz countertops, an oversized center island, a walk-in pantry, and dedicated dining space — ideal for both everyday living and entertaining. The first floor includes a bright and airy living room filled with natural light, a stylish powder room for guests, and a convenient ensuite bedroom perfect for visitors or extended family. Upstairs, you’ll find four additional bedrooms, including three ensuite suites, along with a generously sized laundry room complete with cabinetry and extra hallway storage. Additional highlights of the main home include an attached garage with epoxy flooring, built-in cabinetry, and a 220-volt EV charging outlet. Step outside into the private backyard retreat, featuring lush landscaping, a covered patio, and ample space to create your dream outdoor kitchen or BBQ area. Privately situated at the rear of the property is the detached ADU at 14927 Vose St., offering approximately 1,137 square feet of beautifully designed living space. Complete with its own separate address, this 3-bedroom, 2-bathroom residence features soaring 10-foot ceilings, a thoughtfully designed kitchen with abundant cabinetry, Samsung appliances, and a convenient dual laundry setup discreetly tucked into a closet. With its privacy and flexible layout, the ADU is ideal for extended family, guests, or generating additional income. Built with exceptional attention to detail and quality craftsmanship throughout, this remarkable property sits on an expansive 8,900-square-foot lot in the heart of Central Van Nuys, conveniently located near shopping, dining, and everyday amenities.

14929 Vose Street, Van Nuys
$424,000
1 Beds ⋅ 1 Baths ⋅ 26836703 MLS ⋅ Active Status
Top floor and front facing, this completely remodeled extra-large one-bedroom condo with a spacious loft and an open-concept floor plan is designed for modern living. Bright, airy, and beautifully updated throughout, this stylish home features contemporary finishes, in-unit washer/dryer hook ups, and flexible living space perfect for entertaining or relaxing in comfort. Enjoy the charm and privacy of an exclusive courtyard shared by only four units, creating a peaceful retreat in a highly desirable setting. Top floor and front facing, this completely remodeled extra-large one-bedroom condo with a spacious loft and an open-concept floor plan is designed for modern living. Bright, airy, and beautifully updated throughout, this stylish home features contemporary finishes, in-unit washer/dryer hook ups, and flexible living space perfect for entertaining or relaxing in comfort. Enjoy the charm and privacy of an exclusive courtyard shared by only four units, creating a peaceful retreat in a highly desirable setting.Additional perks include two-car tandem parking, private walk-in storage in the garage, and a gated, secure complex. The location is unbeatable - adjacent to Galpin Jaguar /Land Rover, a one minute walk to their very own Starbucks. Cross the street to the Galpin Diner. Enjoy super quick freeway access to the Westside and all parts of the Valley. Don't miss this opportunity - welcome home!

8221 Langdon Avenue Unit 208, Van Nuys
$2,199,995
7 Beds ⋅ 7 Baths ⋅ SR26107847 MLS ⋅ Active Status
Introducing 19431 and 19433 Vose Street — a newly built 2025 estate offering exceptional versatility, modern luxury, and a fully detached ADU ideal for multigenerational living or supplemental rental income. The main residence spans approximately 2,360 square feet across two thoughtfully designed levels, featuring 4 bedrooms and 5 bathrooms. Elevated finishes throughout include soaring ceilings, oak wood flooring, custom staircase railings, and designer accent walls that create a sophisticated contemporary atmosphere. The chef’s kitchen is appointed with custom oak cabinetry, premium stainless steel appliances, quartz countertops, an oversized center island, and a spacious walk-in pantry, all flowing seamlessly into the dining area and open-concept living spaces. The first floor also offers a sunlit living room, an ensuite bedroom, and a beautifully designed powder room. Upstairs, you’ll find three additional ensuite bedrooms, including two with private balconies, along with a spacious laundry room and an additional balcony perfect for morning coffee or evening relaxation. The attached garage is finished with epoxy flooring, built-in cabinetry, and a 220-volt EV charging outlet. The backyard is designed for both entertaining and relaxation, featuring lush landscaping, a covered patio, and ample space for a future outdoor BBQ kitchen. Positioned privately at the rear of the property is a separate 1,137-square-foot ADU with its own address, 19433 Vose Street. This beautifully designed unit includes 3 bedrooms, 2 bathrooms, soaring 10-foot ceilings, a modern kitchen with abundant cabinetry, Samsung stainless steel appliances, and an in-unit laundry closet. Offering excellent privacy and generous living space, the ADU is perfectly suited for extended family, guests, or rental income opportunities. Situated on an expansive 10,800-square-foot solar-ready lot, this meticulously crafted property combines quality construction with refined design in the heart of Central Van Nuys, conveniently located near shopping, dining, and easy access to surrounding Valley communities.

14931 Vose Street, Van Nuys
$435,000
2 Beds ⋅ 2 Baths ⋅ BB26084342 MLS ⋅ Active Status
PRICE IMPROVEMENT! Exceptional value at $435,000 for this beautifully maintained move-in ready townhome... Welcome to this stunning two-story townhouse located in Walnut Gardens. Completely transformed with no detail overlooked. Offering 2 bedrooms, 1.5 bathrooms, and 971 square feet of beautifully reimagined living space, every inch was thoughtfully renovated to create a fresh, elegant home that feels brand new. The kitchen is truly the heart of this home, featuring custom cabinetry, a sleek new Quartz countertop, and a beautifully crafted island with generous drawer storage — perfect for cooking, entertaining, or simply gathering. A new stove complete the space with both form and function. Both bathrooms have been elevated with custom cabinetry, all-new sinks and faucets, delivering a spa-like experience you'll love coming home to. Custom closet doors throughout add a polished, bespoke touch — including a beautifully finished hallway linen closet and elegant new upper doors in the second bedroom. New sliding closet doors in both bedrooms keep everything cohesive and refined. Freshly painted throughout and finished with gorgeous new flooring, this home radiates warmth and style across both levels. Central heating and air keep you comfortable year-round, and two tandem parking spaces add everyday convenience. Beyond your front door, enjoy resort-style community amenities including a sparkling pool and recreation area — perfect for relaxing or entertaining on a larger scale. This townhouse is truly move-in ready. Simply unpack and start living beautifully.

7300 Lennox Unit J3, Van Nuys
$699,000
3 Beds ⋅ 3 Baths ⋅ SR26056395 MLS ⋅ Active Status
Welcome to Greenwood Square, an intimate village-style enclave in the heart of Van Nuys. This sophisticated three-level, three bedroom-three bath, small-lot single-family residence, built in 2016, offers a rare blend of modern design, comfort, and refined living. Bathed in natural light, the open-concept main level showcases a seamless flow ideal for elevated everyday living and entertaining. The chef’s kitchen is appointed with granite countertops, abundant custom cabinetry, and energy-efficient appliances, opening to a generous dining area and an elegant living room enhanced by built-in shelving. A guest bedroom and bath complete the main level. The upper floor features a serene primary suite with dual closets, including a spacious walk-in, along with a well-appointed junior suite offering a private bath—perfect for guests or a private office. A dedicated laundry area adds convenience. Thoughtful upgrades include dual-pane windows, recessed lighting, an interior fire sprinkler system, tankless water heater, and a private attached two-car garage with direct access and EV charging capability. Residents enjoy beautifully maintained grounds with paver-lined streets, lush landscaping, guest parking, and a private playground—all within a pet-friendly community with low HOA dues. Ideally located near premier shopping, dining, and commuter access. A refined, move-in ready residence offering style, comfort, and exceptional value. This home qualifies for a $10,000 Home Buyer Access Grant. It is FHA approved.

14104 W Birch Lane, Van Nuys
$5,990,000
22 Beds ⋅ 22 Baths ⋅ 25555149 MLS ⋅ Active Status
Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of Los Angeles. The property's central location offers walkable access to local parks, Lake Balboa, coffee shops, restaurants, and everyday retail amenities. It also boasts excellent regional connectivity via the 405 and 101 freeways, Metro bus lines, and the Van Nuys Metrolink Station providing convenient access to key employment centers in Sherman Oaks, Burbank, Studio City, and Downtown Los Angeles.

14728 Friar Street, Van Nuys
$10,950,000
49 Beds ⋅ 40 Baths ⋅ 25549049 MLS ⋅ Active Status
This newly constructed multifamily development represents a rare turnkey opportunity in the heart of Van Nuys. The project has secured its TCO and is pending final Certificate of Occupancy, positioning an investor to move directly into lease-up, with fourteen (14) units already occupied at pro forma rents, providing early income validation and a strong foundation for stabilization at a projected 5.43% market cap rate, allowing for immediate lease-up and optimized rental execution. The units are thoughtfully designed with spacious layouts, private balconies, and in-unit washer/dryers, while two oversized penthouse units crown the building and offer expansive outdoor living areas. The property also features 30 dedicated parking spaces secured behind a gated entrance, providing residents with both convenience and peace of mind. The asset is situated within one of the Valley's most active development corridors, with approximately 20 new multifamily projects underway in Van Nuys and nearly 40 additional developments progressing in adjacent neighborhoods such as Sherman Oaks and North Hollywood, reflecting sustained rental demand, high occupancy levels, continued employment growth, and relative affordability compared to nearby submarkets. The location provides residents with excellent access to parks, outdoor recreation, and a variety of nearby restaurants, cafs, and shopping destinations, while its central positioning within the Valley ensures convenient connectivity to major employment hubs and lifestyle amenities, making the asset a compelling opportunity for investors seeking a high-quality, newly built multifamily property with strong long-term growth potential.

14629 Erwin Street, Van Nuys

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.