14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
14655 Erwin St photo
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14655 Erwin St

$3,900,000 14655 Erwin St, Van Nuys, CA 91411

OPPORTUNITY ZONE | 2022 CONSTRUCTION | 5 UNIT | NO RENT CONTROL- Take advantage of additional OZ tax benefits if you close prior of C of O issued. A high demand investment opportunity featuring modern design and open floor plans throughout. This secure well-built development consists of (2) 5 Bed 4 Bath, (2) 4 Bed 3 Bath and (1) 2 Bed 2 Bath units each equipped with its own Central A/C & laundry room, three stories, on grade garage parking, broad balconies, substantial bedrooms distributed among all levels and conveniently resides near City Hall, Van Nuys Orange Line Station, Large Shopping Centers and just under 7 miles from Bob Hope Airport. This fantastic development product would be a great property to add to your portfolio with a projected 5.4% Cap Rate and considerable annual gross rental income. An unparalleled opportunity to acquire a remarkable property and a lasting investment with great potential in a thriving neighborhood.

  • For Sale
    Status
  • 7,590 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 7,590 Sq.Ft.
  • Lot Size: 7,004 Sq.Ft.
  • MLS® ID: steven@orbrodskygroup.com

Financial

  • Sales Price: $3,900,000

14655 Erwin St

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