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$415,000
2 Beds ⋅ 2 Baths ⋅ WS26192500 MLS ⋅ Active Status
Welcome to 6250 Fulton Ave #105, an inviting ground-floor 2-bedroom, 2-bathroom condominium located in a well-maintained Valley Glen community. The functional open-concept floor plan seamlessly connects the spacious living room, dining area, and kitchen, creating a comfortable setting for everyday living and entertaining. The kitchen features modern cabinetry and stainless-steel appliances. The generously sized primary bedroom offers an en suite bathroom and a spacious walk-in closet. A private hallway provides excellent separation from the living areas and leads to the second bedroom and additional full bathroom. Additional highlights include a private patio, central A/C, two tandem gated parking spaces, and dedicated walk in storage room in the parking garage. Community amenities include a gated entrance, sparkling pool, secure underground parking, and on-site laundry. Ideally located just off Coldwater Canyon, with convenient access to Valley Glen and Studio City's dining, shopping, entertainment, parks, schools, major transportation routes, and the 170, 405 and 101 Freeways. Don't miss this opportunity to own a well-located 2-bedroom, 2-bathroom condominium offering comfort, convenience, and a functional floor plan for first-time buyers, those looking to downsize, or investors in the heart of the San Fernando Valley.

6250 Fulton Avenue Unit 105, Van Nuys
$725,000
3 Beds ⋅ 3 Baths ⋅ PF26198567 MLS ⋅ Active Status
Sun-filled living, two primary suites, and the lasting benefit of paid-off solar — there’s a lot to come home to in the Azalea gated community at 14671 Sherman Way! Built in 2014, this inviting 3-bedroom, 3-full-bath home offers approximately 1,401 square feet across three thoughtfully arranged levels, plus an attached two-car garage. Tall windows fill the main living area with beautiful natural light, while warm wood-tone flooring softly connects the living room, dining area, and kitchen. Slow Sunday breakfasts, easy dinners with friends, or quiet evenings in — the open layout makes space for all of it. The kitchen blends rich cabinetry, light countertops, a mosaic backsplash, stainless steel appliances, and a gas range, ready for both everyday meals and weekend hosting. Upstairs, both primary suites offer private retreats with their own full baths — one featuring a dual-sink vanity and a relaxing tub-and-shower combination. Interior laundry is conveniently located on the same floor, and a third bedroom with full bath on the main level gives you flexible space for guests or a home office. Just outside, landscaped walkways and flowering greenery lead to shared picnic and barbecue areas, perfect for enjoying dinner outdoors or lingering with friends in the sunshine. A dedicated pet area and guest parking make daily life a little easier. If you’re looking for natural light, an open kitchen, and a home that simply feels good to come back to, this one is worth seeing. Conveniently located near local restaurants and shopping, just minutes from NoHo West, major freeways, and Burbank/Van Nuys Airports. Schedule your private showing and experience 14671 Sherman Way for yourself!

14671 Sherman Way, Van Nuys
$425,000
3 Beds ⋅ 2 Baths ⋅ SW26196053 MLS ⋅ Active Status
Great top floor end unit with no neighbor above you or to the right side of you in the heart of the valley! This light and bright 3bed/2bath condo has southern exposure light all day long and is central to everything! The living room greets you with vaulted ceilings and a cozy fireplace, right next to a large sliding door that leads to a long balcony with views of the hills. Recent improvements include removing all of the popcorn ceiling and texturing the ceiling along with modern lighting fixtures. The master bedroom also has a vaulted ceiling, dual closets along with linen cabinets and an en-suite bathroom with dual sinks. The home has laminate wood floors in bedrooms and common area giving the home an upscale feel. Convenient features include an in-unit stacked washer & dryer, central heat and A/C, and two covered parking spaces. This low maintenance residence is set within a wonderful community where residents enjoy access to the sparkling pool and hot tub, a spacious sun deck for lounging and outdoor gas grills. Location is everything! You are minutes from the lush greenery of Lake Balboa Park, the vibrant dining and shopping hubs along Sepulveda and Van Nuys Boulevards, Van Nuys Airport and the 405 freeway for an effortless commute. Come and take a tour of this Valley gem today!

15155 Sherman Way Unit 49, Van Nuys
$425,000
2 Beds ⋅ 2 Baths ⋅ DW26172094 MLS ⋅ Active Status
Welcome to 14829 Sherman Way, a charming corner unit nestled in the heart of Van Nuys, CA. This single-story, lower-level home features 2 spacious bedrooms and 1.25 bathrooms, complete with an open concept floor plan that invites warmth and light. One of the best features of this property is that it provides direct access to an attached 2-car tandem garage, which houses full-size laundry room for your convenience. Step outside to your own private entrance and relax on your balcony. The gated complex is beautifully maintained and offers a low HOA that covers your water bill, two refreshing pools, and a dog park. The location is a commuter's dream with easy access to freeways and public transportation, making your daily commute a breeze. The local amenities are just a stone's throw away, offering a diverse range of shopping, dining, and recreational options. This is one of the best priced condos in Van Nuys with one of the lowest HOAs, perfect for buyers who are looking for affordable homeownership!

14829 Sherman Unit 1, Van Nuys
$655,000
3 Beds ⋅ 3 Baths ⋅ PW26164177 MLS ⋅ Active Status
Welcome to this beautifully maintained private corner-with the view Trees/Woodsunit. Townhome located in a private, gated community tucked away at the rear of the complex, offering exceptional privacy, security, and a peaceful setting away from the main street. This spacious 3-bedroom, 3-bathroom home features approximately 1,390 square feet of comfortable living space and an attached 2-car garage. A charming private front porch surrounded by lush landscaping welcomes you inside. The open-concept main living area offers abundant natural light, stylish tile flooring, and tranquil views of the surrounding greenery. The well-appointed kitchen is designed for both everyday living and entertaining, featuring granite countertops, espresso cabinetry, recessed lighting, built-in stainless steel appliances, and a cozy dining area. The home offers three generously sized bedrooms, each with ceiling fans and ample closet space. The primary suites feature private en-suite bathrooms with dual vanities and abundant storage, while an additional full bathroom includes a shower/tub combination and dual-sink vanity for added convenience. Additional highlights include a Ring® doorbell, abundant storage, and a functional floor plan ideal for families, guests, or a home office. Residents enjoy a private, pet-friendly gated community with beautifully maintained grounds, BBQ areas, picnic spaces, and inviting seating areas. Conveniently located near Super King Market, Starbucks, Walgreens, Valley Presbyterian Hospital, Van Nuys High School, shopping, dining, and easy access to major transportation routes. This move-in-ready home offers exceptional value, comfort, privacy, and convenience in one of Van Nuys' desirable gated communities. Don't miss this incredible opportunity to own a beautiful home in a secure and private neighborhood.

14685 1/2 Sherman, Van Nuys
$459,000
2 Beds ⋅ 2 Baths ⋅ SR26164163 MLS ⋅ Active Under Contract Status
Move-in-ready corner townhome-style condominium with 2 bedrooms and 2 bathrooms in the gated Las Casitas community of Van Nuys. Built in 2008 and set as a private end unit with just one shared wall, this two-story home lives bright and quiet. The open-concept main level flows from living to dining to kitchen in one seamless space for everyday living and entertaining. The kitchen is the standout, with modern white shaker cabinetry, updated fixtures, and a full appliance suite. Light wood-tone laminate flooring runs throughout. Upstairs, both bedrooms are generously sized with ample closet space, separated from the main living area for a quiet retreat. An enclosed balcony holds a stackable laundry area, and the refrigerator, washer, and dryer are included. Two side-by-side subterranean parking spaces offer secure, covered parking with room for storage lockers, plus controlled gated access and community security cameras. Best of all, the HOA is one of the lowest in the Valley, covering water, sewer, trash, insurance, and grounds, while most nearby condos are older with higher dues. The community is Fannie Mae approved, opening the door to low down payment financing for first-time buyers. Priced to sell. Ask us about our current buyer specials.

14618 Gilmore Street Unit 16, Van Nuys
$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
$400,000
2 Beds ⋅ 2 Baths ⋅ CV26154470 MLS ⋅ Active Status
Inquire about sellers offering credits towards 3 months of HOA dues!! Welcome to this beautifully updated two-story condominium in a gated community in central Van Nuys. This home features newly installed flooring and baseboards throughout, plus an upgraded upstairs bathroom with a deep soaking tub. Both bedrooms offer extra-large living space. The community offers newly renovated laundry facilities with brand-new washers and dryers, two dedicated parking spots with storage, and on-site maintenance staff who keep the grounds well cared for. This unit's location is excellent— near the pool, laundry, mailboxes, and entrance. HOA dues cover water, trash, and landscaping, giving residents added convenience and peace of mind. Enjoy access to lush green belts and a sparkling community pool, all just minutes from top-rated schools, grocery stores, shopping, dining, and major freeway access. Spot approval for FHA may be required.

7301 Lennox Avenue Unit D13, Van Nuys
$140,000
2 Beds ⋅ 1 Baths ⋅ SR26154521 MLS ⋅ Active Status
This beautiful home is located in Sierra Springs Village. Nestled in a quiet gated community. This home offers 2 Bedrooms, 1 Bath, and 680 square feet of large open living space. Walking up to the front of the home, you have an assigned parking space. The property comes with a refrigerator, stove, stackable washer, and dryer. The living room features an open layout to the dining area. The kitchen has ample cabinet and countertop space, along with central air-conditioning, ready for the hot summer

7560 Woodman PL SPC#52, Van Nuys
$609,888
3 Beds ⋅ 3 Baths ⋅ 26853101 MLS ⋅ Active Status
WELCOME HOME to your beautiful 3Bed 2.5Baths Town Home Style Condo. 1,400 sq ft, large Private Patio (Outside Area), Exquisitely Remodeled throughout with Exceptional Mesmerizing Details. Stainless Steel Stove/Oven, Dishwasher and Microwave, granite counter tops, Inside Laundry, Updated Flooring, Freshly Painted Interior, updated lighting. Meticulously and Thoughtfully Designed. 2nd Floor consists of spacious Primary Bedroom with Walk-in Closet and Balcony Overlooking the courtyard & pool, PLUS 2 Bedrooms, 1Bed includes Private Balcony and Large Closet. The home counts on High Ceilings, a Spacious Living room with Fireplace and Separated Dining Area. Parking is gated with 2 side by side assigned parking spaces with storage. Building Amenities include Recreation/Multi-Purpose Room, Large Pool and Spa. This is a One-Of-A-Kind opportunity to own your own garden style Condo/Townhome in the heart of Van Nuys. HOA includes water and trash.

14937 Sherman Way Unit 2, Van Nuys
$799,000
3 Beds ⋅ 3 Baths ⋅ 26852391 MLS ⋅ Active Under Contract Status
Located in a desirable gated community of just 10 homes in Lake Balboa, this well-maintained residence built in 2016 offers 3 bedrooms, 2.5 bathrooms, and 1,502 sq ft of thoughtfully designed living space. The home features a bright, open layout with a modern kitchen equipped with stainless steel appliances, ample cabinetry, and generous counter space ideal for both everyday living and entertaining. The living and dining areas are seamlessly connected to the kitchen, creating a functional and inviting main living space. The spacious bedrooms are designed for comfort and privacy, with the primary suite offering a luxurious ensuite bathroom and ample closet space. Additional highlights include a direct-access two-car garage with secure parking and extra storage. Ideally situated near parks, schools, shopping, dining, and major freeways, this home offers easy living in a prime Lake Balboa location.

16855 Balboa Lane, Van Nuys
$599,000
2 Beds ⋅ 3 Baths ⋅ 26846369 MLS ⋅ Active Under Contract 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
$394,900
2 Beds ⋅ 2 Baths ⋅ CV26112349 MLS ⋅ Active Status
NEW PRICE! Now offered at $394,900. Updated Vaulted Ceiling Condo in Sonterra | Pool • Spa • Fitness Center. Welcome to this move-in ready upper-level condo located in the desirable Sonterra community of Van Nuys! Now offered at an exceptional new price, this beautifully updated 2 bedroom, 2 bathroom home features soaring vaulted ceilings, an upgraded kitchen with modern cabinetry, stainless steel appliances, updated bathrooms, upgraded flooring in both bedrooms, central HVAC, and a cozy fireplace that anchors the spacious living area. Enjoy indoor-outdoor living with your private covered balcony — perfect for morning coffee, relaxing evenings, or additional entertaining space. The open layout and abundant natural light create a bright and inviting atmosphere throughout. Community amenities include a sparkling pool, spa, fitness center, controlled-access entry, lush landscaped grounds, community laundry conveniently located nearby, and two assigned tandem parking spaces (#164). Recently reduced-don't miss this opportunity to own one of Sonterra's best values. Buyer and buyer's lender to verify financing eligibility and project approval. Community is reported to be non-warrantable due to investor occupancy. FHA, VA and Down Payment Assistance financing are not available.

15425 Sherman Way Unit 240, Van Nuys
$149,900
2 Beds ⋅ 1 Baths ⋅ CV26112299 MLS ⋅ Active Status
Welcome to this stunning 2025 manufactured home in Van Nuys, showcasing a fresh, modern design and quality finishes throughout. This 2-bedroom, 1-bathroom home offers approximately 640 square feet of thoughtfully designed living space, exuding a clean, contemporary feel from the moment you step inside. The open-concept kitchen and living area create an inviting atmosphere for everyday living, featuring white shaker-style cabinetry, quartz-style countertops, a sleek tile backsplash, recessed lighting, and Whirlpool stainless steel appliances. The warm laminate flooring flows seamlessly throughout the home, adding both comfort and style while ensuring easy maintenance. Large windows allow natural light to fill the interior, making the space feel bright, open, and welcoming. The exterior boasts a modern two-tone color scheme, updated siding, a private entry with stairs and railing, and a clean concrete walkway. Conveniently located near shopping, dining, schools, public transportation, and major commuter routes, this move-in-ready home offers newer construction, modern finishes, and affordable living in the San Fernando Valley.

7650 Balboa Boulevard Unit 27, Van Nuys
$350,000
1 Beds ⋅ 1 Baths ⋅ 26837235 MLS ⋅ Active Status
Unlock the potential of this inviting blank canvas, perfect for a creative owner-user ready to customize their dream space or an investor seeking a value-add opportunity. Priced to sell, this condo offers an open and versatile floor plan with generous living and dining areas centered around a cozy fireplace. The spacious loft adds flexible bonus space ideal for a home office, guest area, or additional lounge. The oversized bedroom features a walk-in closet, providing both comfort and ample storage. Located within the interior of the complex, this unit offers a desirable setting with added privacy. Step out onto your private balcony to relax, unwind, and enjoy the surrounding community atmosphere; take a swim in the community pool.

8221 Langdon Avenue Unit 204, Van Nuys
$409,900
2 Beds ⋅ 3 Baths ⋅ 26835651 MLS ⋅ Active Under Contract Status
Tucked into the gated Valerio Village community, this dramatic tri-level townhome lives large with soaring two-story ceilings, a sun-filled great room, and a fireplace at its center. A roomy 1,210 square feet more spacious than many units in the community offers two generous bedrooms, three bathrooms, and a versatile multi-level layout full of architectural character. The kitchen flows to a dining area and opens to a private patio for weekend grilling or morning coffee, with an additional balcony for even more outdoor space. An attached, direct-access garage means groceries are steps from the kitchen. Residents enjoy resort-style amenities: a sparkling spa, recreation room, and beautifully maintained garden grounds. Move in, add your finishing touches, and build instant equity in a peaceful, well-kept community all at the most accessible price point on the block. A rare opportunity at this price in the heart of the Valley.

13567 Valerio Street Unit C, Van Nuys
$350,000
2 Beds ⋅ 2 Baths ⋅ RS26101708 MLS ⋅ Active Under Contract Status
Check out Your Future Sharp 2 Bedroom 2 Bath Condo Offered at a very Affordable Price in a Gated Community in the Heart of Van Nuys! When you Enter this Open Floor Plan Home you will Notice the Spacious Living Room with Modern Tiled Floors, which Opens up to the Dining Area and then Opens up to the Updated, Bright, and Airy Kitchen with Quartz Counters! From the Kitchen you can Open the Sliding Doors that will Lead You to Your Private Patio! Perfect for a Grill, Small Table and Chairs! A Perfect Spot to either Start Your Day or Unwind! The 2 Upstairs Bedrooms are Very Spacious with Large Closets and Vaulted Ceilings! The Central Air & Heating will Keep you Comfortable All Year Long! The HOA includes Fire Insurance, Water, Sewer, Trash, Landscaped Grounds and Pool Maintenance! Feel Free to Hang Out at the Pool and work on your Tan! You can Come Home from Work, knowing that You Will Not have any Chores or Gardening to do! Easily Walk to Stores and Restaurants as this Condo is Located Close to an Entrance Gate! Assigned Covered Parking for 2 Cars located inside the Gated Community!

7300 Lennox Unit J5, Van Nuys
$350,000
2 Beds ⋅ 1 Baths ⋅ GD26099621 MLS ⋅ Active Status
Gated Community * Located In The Heart Of Van Nuys * First Floor Unit * 2 Bedrooms / 1 Bathroom * 750sqft * 1976 Built * Open Floor Plan * Laminate Floors * Central A/C & Heat * Private Patio * Community Laundry * Community Pool, Spa & Gym * 2 Car Tandem Parking #68 With Storage * HOA $412.10/m * Easy Access To The Freeway * Close To Shopping

15425 Sherman Unit 107A, Van Nuys
$430,000
2 Beds ⋅ 2 Baths ⋅ SR26084570 MLS ⋅ Active Status
Move-in ready and freshly painted throughout, this spacious two-story condo in a desirable gated community in Van Nuys, offers a true home-like feel with comfort and style. The spacious open living and dining areas seamlessly flow into the kitchen, creating an ideal layout for everyday living and entertaining. The large kitchen features stainless steel appliances, granite countertops and access to a private balcony. Main level also includes a convenient half bath. Upstairs offers 2 bedrooms plus a loft converted into a 3rd bedroom (not on title; buyer and buyer's agent to verify) and a full bath. Recent major upgrades include NEW HVAC, NEW ROOF (by HOA), newer windows, and fresh interior paint throughout. Perfect as a starter home or investment opportunity. HOA amenities include pool, recreation area, community laundry, gated access, plus water and ground up keep. Also, includes 2 tandem covered parking spaces.

7320 Lennox Avenue Unit D8, Van Nuys
$4,900,000
26693503 MLS ⋅ Active Status
A rare opportunity to acquire a 31-unit apartment building located at 14534 Saticoy Street in Van Nuys, California - a dynamic submarket within the San Fernando Valley. The Property is well-maintained and features an attractive mix of bachelor, studio, and one-bedroom units. Twenty-one units have been renovated to include upgraded kitchen countertops, appliances, new flooring, new cabinets, bathrooms and fixtures. Stable occupancy history and strong recent leasing activity demonstrate a path to a rental upside and improving cash flows going forward.

14534 Saticoy Street, Van Nuys
$469,000
2 Beds ⋅ 3 Baths ⋅ 26688023 MLS ⋅ Active Status
FULLY REMODELED two-story condo offering 2 bedrooms, 3 bathrooms (1 full and 2 half), and 1,167 sq. ft. of modern living. Currently the largest and most updated unit available in this community. This townhome delivers true peace of mind with everything brand new including windows, doors, flooring, lighting, and finishes throughout. The open-concept layout is anchored by a beautifully upgraded kitchen featuring quartz countertops, custom cabinetry, stainless steel appliances, and a wine fridge perfect for everyday living or entertaining. Upstairs, both spacious bedrooms offer comfort and privacy, while all bathrooms have been thoughtfully redesigned. Additional highlights include secured, covered tandem parking for 2 cars with storage and access to a community laundry facility, just steps from the unit. A rare opportunity to own a truly turnkey property just move in and enjoy.

7320 Lennox Avenue Unit F7, Van Nuys
$470,000
2 Beds ⋅ 3 Baths ⋅ 26671347 MLS ⋅ Active Status
Welcome to 7422 Hazeltine Ave #3, a bright and updated two-story townhome in a gated Van Nuys community with low HOA dues of just $300 per month. Offering the rare benefit of no one above or below, this home provides the privacy and feel of a private residence with the convenience of townhome living. The main level features an open living and dining area, an updated kitchen with quartz countertops, contemporary cabinetry, and a charming breakfast nook. Upstairs are two spacious en-suite bedrooms, including a primary suite with cathedral ceilings and dual closets. Additional highlights include in-unit laundry, a guest powder room, central air and heat, and two-car tandem parking located directly beneath the unit. Conveniently located near the 405, 170, Van Nuys Metrolink Station, NoHo West, parks, shopping, and dining, this move-in ready townhome offers an ideal combination of privacy, comfort, value, and central Valley convenience.

7422 Hazeltine Avenue Unit 3, Van Nuys
$495,000
2 Beds ⋅ 2 Baths ⋅ 26669885 MLS ⋅ Active Status
Welcome to 6250 Fulton Ave #205, a bright top-floor 2-bed, 2-bath condo in a quiet, well-maintained Valley Glen community. Filled with natural light throughout the day, the spacious living room features oversized windows and an open layout that flows seamlessly from the dining area into the kitchen. The kitchen offers updated countertops, modern cabinetry, and stainless steel appliances. A private hallway creates separation and flow, leading to both bedrooms, each with en suite bathrooms and generous closet space, all bathed in natural light. Additional features include a private balcony, central A/C, two tandem gated parking spaces, and extra storage. Community amenities include a pool, secure underground parking, and on-site laundry.Ideally located just off Coldwater Canyon, moments from Studio City's dining and shopping, with convenient access to the 170 freeway.

6250 Fulton Avenue Unit 205, Van Nuys
$1,750,000
26660485 MLS ⋅ Active Status
Well-located 5-unit multifamily property in the heart of Van Nuys, offering a strong value-add opportunity. The two-story, low-rise building spans approximately 4,000 SF on a 0.16-acre lot and is currently operating at ~80% occupancy. Built in 1951, this Class C asset features spacious units with functional layouts and steady rental demand. Zoned LARD1.5, the property presents potential for future upside through improved management, lease-up, or renovation. Ideal for investors seeking income with room to grow in a centrally located rental market.

5660 Kester Avenue, 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.