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14837 Erwin St
Van Nuys, CA 91411
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Property is located a few doors away from Kester Avenue, across the street from Brand New Multi- Million Dollar Condominiums.
- New drain lines, new sewer lines, copper plumbing throughout, new gutters all around the structure.
- Built in 1989 and subject to State Rent Control of 5% increase plus CPI annual increase.
- Six (6) out of 8 units fully remodeled with the highest quality appliances and craftsmanship.
- Four brand new central heating and air- conditioning units recently installed.
- No Earthquake Retrofit Required – property built in 1989.
Property Facts
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,401 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | C | Parking Ratio | 2.41/1,000 SF |
| Zoning | R3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,401 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Balcony
Site Amenities
- Controlled Access
- Laundry Facilities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,575 | - |
Property Taxes
| Parcel Number | 2241-009-018 | Improvements Assessment | $852,955 |
| Land Assessment | $1,279,433 | Total Assessment | $2,132,388 |
Property Taxes
Parcel Number
2241-009-018
Land Assessment
$1,279,433
Improvements Assessment
$852,955
Total Assessment
$2,132,388
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