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$4,650,000
ACTIVE Status
NON RENT CONTROL - Newly built gorgeous 9 unit building in the heart of the San Fernando Valley conveniently located at Kester Ave and Victory Blvd, between Van Nuys Blvd and the 405 freeway, providing central access to major employment hubs including Sherman Oaks, Encino, Burbank, Warner Center and North Hollywood. Quality modern construction with full subterranean parking. You could not build it for this cost today - Only $345 per foot. Unit mix is very attractive with large 3 and 4 bedroom townhouse style units. The units range from 1350 - 1650 sq ft each. This is a low maintenance and easy management property creating stable cash flow. Van Nuys offers more attainable rents compared to Sherman Oaks and Studio city , driving consistent tenant demand. The East San Fernando Valley Light Rain Transit Project along Van Nuys Blvd is expected to connect the area to the broader Metro system, increasing long term accessibility and property values. Continued Investment in the area and along Van Nuys Blvd aims at improving walkability and commercial activity. The nearby Van Nuys airport is one of the busiest general aviation airports in the world and supports thousands of aviation and aerospace jobs.

14827 Victory Blvd, Van Nuys

Courtesy of Keller Williams Realty Calabasas, Alex Galuz - CA DRE#01291486

$1,350,000
ACTIVE Status
We are pleased to to market for sale a development opportunity at 7222 Tyrone Ave, a fully entitled multifamily development site located in the high rental demand neighborhood of Van Nuys, California. This offering presents a chance for a developer to acquire a project with approvals in place for an 11-unit modern apartment building spanning four stories above grade with 10 market-rate units and 1 unit designated for a Very Low-Income tenant. This 13,333 square foot project will have a unit mix consisting of 6 one-bedroom/one bathroom units, 3 two-bedroom/one-bathroom units, and 1 two-bedroom/two-bathroom units with 10 on-grade parking spaces. The property will be delivered "RTI" and shovel ready at the close of escrow. This 6,750 square foot corner lot near the intersection of Sherman Way and Tyrone Ave is currently a vacant single-family residence. The current approvals encompass a well-designed mix of one-bedroom, two-bedroom, and three-bedroom units complete with on-grade parking. This project represents an ideal opportunity for a local developer looking to build immediately in an area that is deficient in new single-family home construction and boasts a very high rental demand for apartment units. The property's proximity to a major thoroughfare provides excellent accessibility, while strong rental market fundamentals support robust demand for quality multifamily housing in Van Nuys.

7222 Tyrone Ave, Van Nuys

Courtesy of Marcus & Millichap, Sevak Keshishian - CA DRE#01887505

$5,350,000
46 Beds ⋅ 32 Baths ⋅ ACTIVE Status

15022 Vanowen St, Van Nuys

Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan - CA DRE#01481211

$6,500,000
48 Beds ⋅ 48 Baths ⋅ ACTIVE Status

15329 Vose St, Van Nuys

Courtesy of NorthMarq Realty Services, Inc., Elliot Hassan - CA DRE#01481211

$1,499,000
2 Beds ⋅ 4 Baths ⋅ ACTIVE Status
Prime Mixed-Use Property Near Van Nuys Courthouse. This exceptional mixed-use property offers versatility and modern upgrades in a prime location. The ground floor features two storefronts, each with a private entrance, which can be used separately or combined into a spacious retail or office area. Upstairs, two private 1-bedroom, 1-bathroom residential units each with its own entrance provide convenience and privacy.Recently remodeled, the property boasts new plumbing, electrical, windows, drywall, fresh interior and exterior paint, and a brand-new tankless water heater. The upgraded AC system ensures year-round comfort. A private parking lot at the rear accommodates 710 vehicles and includes additional storage space.Perfect for retail, office, warehouse, or investment opportunities, this property is a rare find.

14426 Friar St, Van Nuys

Courtesy of The Beverly Hills Estates, Danielle Peretz - CA DRE#01897529

$925,000
3 Beds ⋅ 3 Baths ⋅ ACTIVE Status
Exceptional Investment Opportunity with LAR3 zoning! This fabulous detached multi-residential duplex is truly an investor's dream, offering the exciting potential to build more units (buyer to verify). The front unit -14541 Hart - is thoughtfully set back from the street and comes with the convenience of four front parking spaces. This unit features 2 bedrooms and 2 baths, and has some updates including central AC. The kitchen has granite counters and ample cabinetry. The detached back unit - 14539 Hart - offers 1 bedroom and 1 bath, complete with window AC units for those warm summer days. Two rear parking spaces are included for added convenience. Nestled between these units is a 120 square foot storage shed, providing extra space for your storage needs. Moreover, the property features a detached garage with ready, approved, and paid plans for conversion, offering the potential to be transformed into an additional unit, which could bring in extra income. A large yard space behind the garage unit enhances the property's outdoor appeal. This amazing investment could be a valuable addition to your real estate portfolio, or serve as a home with additional income to offset the mortgage payment. The location is prime, providing easy access to shopping, public transportation, local freeways, and more! Whether you are looking to offset your mortgage or build a multi-unit property, this can be your perfect opportunity!

14541 Hart St, Van Nuys

Courtesy of Compass, Luda Rosenbaum - CA DRE#01724645

$2,995,000
24 Beds ⋅ 13 Baths ⋅ ACTIVE Status
The subject property is a 13 unit apartment building located at 6649 Sepulveda Boulevard, Van Nuys, CA 91411. The property was built in 1954 and is located North of Victory Boulevard and South of Vanowen Street. The unit mix consists of one studio/one-bathroom unit, eleven two-bedroom/one-bathroom units, and one three-bedroom/one-bathroom unit. The building has an interior courtyard and there is a laundry room. The Seller shall provide the Buyer with approved plans for 3 accessory dwelling units (ADUs), one one-bedroom/one-bathroom and two two-bedroom/one-bathroom.

6649 Sepulveda Blvd, Van Nuys

Courtesy of Marcus & Millichap, Gayle Factor - CA DRE#01066258

$5,990,000
22 Beds ⋅ 22 Baths ⋅ 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 St, Van Nuys

Courtesy of Kidder Mathews of California, Inc., Scott Rosenberg - CA DRE#01456686

$10,950,000
49 Beds ⋅ 40 Baths ⋅ 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 St, Van Nuys

Courtesy of Kidder Mathews of California, Inc., Scott Rosenberg - CA DRE#01456686

$1,150,000
8 Beds ⋅ 7 Baths ⋅ ACTIVE Status
*Financial Metrics* - 5.25% Cap Rate, 10.86 GRM, 110% Upside. Potential to reach a 9.01% Cap Rate post-ADU addition. *Property Features* - All one bedrooms may be converted into two bedrooms. Two units are currently delinquent on rent and have been served 3-Day Notices. Buyer will assume responsibility for any eviction, providing the opportunity to convert and re-rent these units at higher market rates. Plans will be provided. *ADU Potential* - Add one ADU in the tuck-under parking area by restriping parking against the rear wall unlocking additional income and value. *Unit Mix* - 6 total units: 5 (1+1) and 1 (3+2) that is currently vacant. *Location Benefits* - Located less than half a mile from the current Orange Line Transit Stop and future Van Nuys East Valley Rail Line hub a major transit expansion linking the Valley with the greater LA region. *Walk Score* - Very Walkable 78 Walk Score. Most errands can be accomplished on foot. *Owner Occupy* - The spacious 3+2 unit is currently vacant, offering flexibility for owner-users or immediate lease-up for investors.

14216 Calvert St, Van Nuys

Courtesy of Houze Real Estate Management, Kelly Morgan - CA DRE#01898026

$4,400,000
41 Beds ⋅ 26 Baths ⋅ ACTIVE Status
This 20-unit Apartment building is a well-maintained asset in Van Nuys, CA. New Roof just completed. Centrally located in the San Fernando Valley, this complex has almost immediate access to the 101, 405, 170, and 118 freeways, as well as an abundance of public transportation, including a new line currently in construction: the East San Fernando Valley Light Rail Transit project, that will feature 11 stops from Van Nuys to Pacoima. This property features a favorable unit mix, with 15 of the 20 units being 2 & 3 bedroom units (25% 1 bedrooms, 75% 2 & 3 bedrooms), with private patios/balconies, and a pool. This two-story building also has secure, gated parking with covered spaces, and seismic retrofitting has been completed. This property sits on a corner lot, on the corner of Kester Ave. and Hartland St., just north of Vanowen St. The Van Nuys location is very walkable and bikeable with good transit.

6840 Kester Ave, Van Nuys

Courtesy of David Ballin Kaufman, David Kaufman - CA DRE#01217537

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