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14252 Erwin St
Van Nuys, CA 91401
Fully Rented New Construction Fourplex! · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 5,883 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 5,883 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2019 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Ice Maker
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Island Kitchen
About 14252 ERWIN ST , VAN NUYS, CA 91401
The 2-4 Unit Specialists are pleased to present 14252 Erwin, a 2019 construction fourplex located in the hottest area of Van Nuys, steps from the Courthouse! This fourplex is one of the few new construction properties that will be delivered FULLY RENTED! Avoid the stress of buying a vacant fourplex and leasing up the units yourself… inherit a smoothly running, high cap rate property with great tenants! The cap rate is currently 5.14%! At an impossible to beat price of $2,250,000, this will be gone before you know. Plus, you get all of this with NO RENT CONTROL, SEPARATE METERS for all utilities, minimal expenses and the ease of owning a hassle-free 2019 construction! 14252 Erwin is made up of one 4 bed, 3 bath unit and three 3 bed, 2 bath units with spacious floorplans. The excellent location, walking distance to the Van Nuys Courthouse, paired with the upscale modern units makes for quick, easy rentals. Each unit features stainless steel appliances, washer and dryers in each unit, and beautifully designed kitchens and bathrooms.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $3,500 | 1,666 |
| 3+2 | 3 | $3,098 | 1,255 - 1,580 |
Property Taxes
| Parcel Number | 2240-020-002 | Improvements Assessment | $1,415,820 |
| Land Assessment | $943,879 | Total Assessment | $2,359,699 |
Property Taxes
