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$899,000
4 Beds 4 Baths ACTIVE Status
Welcome to 'Midvale Village' neighborhood at 6716 N Royce Ave, a contemporary three-story residence offering nearly 2,000 sqft of modern living space in the heart of Van Nuys. This well-appointed four-bedroom, four-bathroom home features a functional and versatile layout designed for today's lifestyle, with abundant natural light and refined finishes throughout. The home features quartz countertops, Bertazonni state-of-the-art stainless steel appliances, and Tafisa HPL custom cabinetry. The highlight of the home is the private rooftop deck, showcasing sweeping views of the San Fernando Valley, an ideal setting for entertaining, relaxing, or enjoying Southern California sunsets. Thoughtfully designed for both comfort and style, this home offers exceptional indoor-outdoor living and a prime opportunity to enjoy modern urban living with elevated views. Conveniently located near major freeways, shopping, dining, and local amenities! *Living and primary rooms have been virtually staged

6716 N Royce Ln, Van Nuys

Courtesy of The Agency, Arya Rahmani - CA DRE#01995033

$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

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