Eliteresidentialrealty.com Search Results

$330,000

PRICE TO SELL NOW. Huge price reduction to sell! The seller has paid all current mandatory special assessments in full. This is a great opportunity to get a 2-bedroom home at an attractive price. Construction will be completed. The property will be sold as-is, which is why the price was reduced. Please submit a clean offer. The building is currently undergoing renovations and is expected to be upgraded into a more modern and attractive community. Now vacant and ready for immediate move-in! This upgraded and affordable condo offers great value for both owner-occupants and investors. The unit features a bright living room, dining area, and an updated kitchen. The primary bedroom includes a walk-in closet. Enjoy the convenience of an in-unit washer and dryer and central HVAC. The unit also includes two parking spaces. The building is undergoing improvements, which may add future value for the new owner. Community amenities include a gym, pool, and sauna. Excellent location near Lake Balboa, shopping centers, restaurants, and easy freeway access. Move-in ready.

2 Beds ⋅ 2 Baths ⋅ 26658161 MLS

PRICE TO SELL NOW. Huge price reduction to sell! The seller has paid all current mandatory special assessments in full. This is a great opportunity to get a 2-bedroom home at an attractive price. Construction will be completed. The property will be sold as-is, which is why the price was reduced. Please submit a clean offer. The building is currently undergoing renovations and is expected to be upgraded into a more modern and attractive community. Now vacant and ready for immediate move-in! This upgraded and affordable condo offers great value for both owner-occupants and investors. The unit features a bright living room, dining area, and an updated kitchen. The primary bedroom includes a walk-in closet. Enjoy the convenience of an in-unit washer and dryer and central HVAC. The unit also includes two parking spaces. The building is undergoing improvements, which may add future value for the new owner. Community amenities include a gym, pool, and sauna. Excellent location near Lake Balboa, shopping centers, restaurants, and easy freeway access. Move-in ready.

7045 Woodley Avenue Unit 110, Van Nuys

$800,000

Boom! The previous buyer did not perform—this opportunity is now back on the market! Welcome to 14841 Archwood Street, ideally located in the heart of Van Nuys. This versatile property sits on a generously sized lot and features two kitchens, offering excellent flexibility for multi-generational living, extended family use, or potential rental opportunities (buyer to verify permits and intended use). The expansive lot provides ample space for outdoor entertaining, future expansion, additional parking, or the possibility of an ADU. The dual-kitchen layout adds convenience and functionality rarely found in the area. Enjoy a prime location close to Valley Presbyterian Hospital, and just minutes from popular restaurants, shopping centers, and malls, with easy access to major freeways and everyday amenities. Whether you’re an owner-user seeking space and flexibility or an investor looking for upside potential, this big-lot Van Nuys home with two kitchens presents a unique and valuable opportunity.

3 Beds ⋅ 2 Baths ⋅ SR26026433 MLS

Boom! The previous buyer did not perform—this opportunity is now back on the market! Welcome to 14841 Archwood Street, ideally located in the heart of Van Nuys. This versatile property sits on a generously sized lot and features two kitchens, offering excellent flexibility for multi-generational living, extended family use, or potential rental opportunities (buyer to verify permits and intended use). The expansive lot provides ample space for outdoor entertaining, future expansion, additional parking, or the possibility of an ADU. The dual-kitchen layout adds convenience and functionality rarely found in the area. Enjoy a prime location close to Valley Presbyterian Hospital, and just minutes from popular restaurants, shopping centers, and malls, with easy access to major freeways and everyday amenities. Whether you’re an owner-user seeking space and flexibility or an investor looking for upside potential, this big-lot Van Nuys home with two kitchens presents a unique and valuable opportunity.

14841 Archwood, Van Nuys

$950,000

FIRST TIME BUYERS & Investors, you are welcome to welcome to become the owner of this lovely Single Family Home. It features recent renovations, including previous copper plumbing. As we most know, not all property values are the same. LOCATION & LOCATION makes a difference for the property appreciation. It's located in a quite area, nearby the Encino neighborhood, shoping centers, Golf Course and park recreations with ease access to freeways 405, 101, 210, 118. Besides having the benefit to enjoy a bright swimming pool, a guest house with a potential to be converted to an ADU and avoiding extra payments by acquiring the solar pannels been paid off. Buyer and Buyer's Broker to use their own due diligence with regard to the Square Footage, zoning use of the property and other bonus rooms or additions. If you have a friend or a relative looking to purchase in that neighborhood, don't miss to inform them. Many good reasons to make this home your client's choice. A key strategy when buying a home, buy when there is no competition. Buy it and get positioned when better times come.

3 Beds ⋅ 3 Baths ⋅ TR26021624 MLS

FIRST TIME BUYERS & Investors, you are welcome to welcome to become the owner of this lovely Single Family Home. It features recent renovations, including previous copper plumbing. As we most know, not all property values are the same. LOCATION & LOCATION makes a difference for the property appreciation. It's located in a quite area, nearby the Encino neighborhood, shoping centers, Golf Course and park recreations with ease access to freeways 405, 101, 210, 118. Besides having the benefit to enjoy a bright swimming pool, a guest house with a potential to be converted to an ADU and avoiding extra payments by acquiring the solar pannels been paid off. Buyer and Buyer's Broker to use their own due diligence with regard to the Square Footage, zoning use of the property and other bonus rooms or additions. If you have a friend or a relative looking to purchase in that neighborhood, don't miss to inform them. Many good reasons to make this home your client's choice. A key strategy when buying a home, buy when there is no competition. Buy it and get positioned when better times come.

6435 Aldea Avenue, Van Nuys

$899,000

Fall in love with Van Nuys living. This beautifully updated 5-bedroom, 4-bathroom residence offers 2,002 sq. ft. of living space, including a versatile 1-bedroom, 1-bath bonus unit with separate entrance and soaring ceilings—ideal for guests, extended family, or rental income. The main home (1,762 sq. ft.) features 4 bedrooms and 3 bathrooms, a remodeled kitchen, new HVAC, paid-off solar, and a bright, open layout designed for effortless indoor-outdoor living. Enjoy entertaining on the oversized rear patio, perfect for gatherings or quiet relaxation. Additional updates include a new roof installed in 2020, copper plumbing, and an expansive driveway with covered parking for two cars plus space for up to four more. One of the bedrooms also offers an excellent opportunity for an ADU conversion, adding even more value to the property. With its thoughtful upgrades, energy efficiency, and flexible floor plan, this home is as functional as it is inviting. Welcome Home!

5 Beds ⋅ 4 Baths ⋅ BB26018175 MLS

Fall in love with Van Nuys living. This beautifully updated 5-bedroom, 4-bathroom residence offers 2,002 sq. ft. of living space, including a versatile 1-bedroom, 1-bath bonus unit with separate entrance and soaring ceilings—ideal for guests, extended family, or rental income. The main home (1,762 sq. ft.) features 4 bedrooms and 3 bathrooms, a remodeled kitchen, new HVAC, paid-off solar, and a bright, open layout designed for effortless indoor-outdoor living. Enjoy entertaining on the oversized rear patio, perfect for gatherings or quiet relaxation. Additional updates include a new roof installed in 2020, copper plumbing, and an expansive driveway with covered parking for two cars plus space for up to four more. One of the bedrooms also offers an excellent opportunity for an ADU conversion, adding even more value to the property. With its thoughtful upgrades, energy efficiency, and flexible floor plan, this home is as functional as it is inviting. Welcome Home!

15112 Domino, Van Nuys

$1,649,900

PRICE REDUCTION!! Welcome to this beautifully updated and versatile property set on an expansive 16,680 sq ft lot, offering the perfect blend of modern comfort, space, and functionality. The main residence features 4 bedrooms and 4 bathrooms across 2,901 sq ft of living space, thoughtfully designed for both everyday living and entertaining. At the heart of the home is a newly renovated modern kitchen that features granite countertops, stainless steel appliances, glass tile backsplash, & custom cabinetry. This seamlessly flows into the dining area, both highlighted by elegant marble flooring that adds a timeless, upscale touch. The spacious layout offers generous natural light and an inviting atmosphere throughout. Three of the bedrooms in the main house are true suites, each with its own private bathroom, with the large master bedroom including a walk-in closet, while a separate office provides flexibility for working from home or additional living space. Step outside to enjoy expansive front and back yards, ideal for gatherings, relaxation, or future customization. The property also features a Saltwater pool with a brand-new filter, ready for effortless enjoyment. Adding exceptional value is the detached guest house with its own private entrance, offering 1 bedroom and 1 bathroom—perfect for extended family, guests, or rental income.

5 Beds ⋅ 5 Baths ⋅ SR26012204 MLS

PRICE REDUCTION!! Welcome to this beautifully updated and versatile property set on an expansive 16,680 sq ft lot, offering the perfect blend of modern comfort, space, and functionality. The main residence features 4 bedrooms and 4 bathrooms across 2,901 sq ft of living space, thoughtfully designed for both everyday living and entertaining. At the heart of the home is a newly renovated modern kitchen that features granite countertops, stainless steel appliances, glass tile backsplash, & custom cabinetry. This seamlessly flows into the dining area, both highlighted by elegant marble flooring that adds a timeless, upscale touch. The spacious layout offers generous natural light and an inviting atmosphere throughout. Three of the bedrooms in the main house are true suites, each with its own private bathroom, with the large master bedroom including a walk-in closet, while a separate office provides flexibility for working from home or additional living space. Step outside to enjoy expansive front and back yards, ideal for gatherings, relaxation, or future customization. The property also features a Saltwater pool with a brand-new filter, ready for effortless enjoyment. Adding exceptional value is the detached guest house with its own private entrance, offering 1 bedroom and 1 bathroom—perfect for extended family, guests, or rental income.

15358 Cohasset, Van Nuys

$1,499,000

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.

2 Beds ⋅ 4 Baths ⋅ 25519519 MLS

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 Street, Van Nuys

$925,000

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!

3 Beds ⋅ 3 Baths ⋅ 26636927 MLS

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 Street, Van Nuys

$3,460,000

5750- 5752 Kester Ave, Van Nuys A fully occupied, modern two-building complex built in 2021, featuring a boutique collection of four contemporary townhomes near the heart of Sherman Oaks. The rear two units each offer 4 bedrooms and 4.5 bathrooms with direct access to a private tandem 2-car garage and a patio off the living area. The front two units include 3 bedrooms and 3 bathrooms, each with a detached tandem 2-car garage. Every residence showcases a sleek modern kitchen, in-unit laundry area, tankless water heaters, and abundant natural light throughout. Situated on a private corner lot, this turnkey investment combines style, functionality, and exceptional income-producing property just moments from premier shopping, dining, and major freeways.

14 Beds ⋅ 16 Baths ⋅ 26633129 MLS

5750- 5752 Kester Ave, Van Nuys A fully occupied, modern two-building complex built in 2021, featuring a boutique collection of four contemporary townhomes near the heart of Sherman Oaks. The rear two units each offer 4 bedrooms and 4.5 bathrooms with direct access to a private tandem 2-car garage and a patio off the living area. The front two units include 3 bedrooms and 3 bathrooms, each with a detached tandem 2-car garage. Every residence showcases a sleek modern kitchen, in-unit laundry area, tankless water heaters, and abundant natural light throughout. Situated on a private corner lot, this turnkey investment combines style, functionality, and exceptional income-producing property just moments from premier shopping, dining, and major freeways.

5750 Kester Avenue, Van Nuys

$2,995,000

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.

24 Beds ⋅ 13 Baths ⋅ 25629501 MLS

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 Boulevard, Van Nuys

$875,000

This 1933 Spanish home features 4 bedrooms & 3 bathrooms and has preserved some of its original classic details such as built-in bookshelves, exposed wood beamed ceilings in the living room, arched doorways, wood floors and interior walls with ornate architectural design. The kitchen is spacious with plenty of storage cabinets and ample counter space, a nice sized dining room and a large hallway bathroom with a separate tub and shower. The bedroom off the kitchen has its own bathroom with a shower and there is a mixture of modern day touches like granite counters, tile floors, central air & heat and solar panels. The lot is over 8800 sq.ft. with a detached garage that is currently being used as a storage room, an additional covered patio and a long driveway that can accommodate numerous vehicles. Located in a nice residential neighborhood within walking distance to numerous shops and restaurants.

3 Beds ⋅ 3 Baths ⋅ SR25271703 MLS

This 1933 Spanish home features 4 bedrooms & 3 bathrooms and has preserved some of its original classic details such as built-in bookshelves, exposed wood beamed ceilings in the living room, arched doorways, wood floors and interior walls with ornate architectural design. The kitchen is spacious with plenty of storage cabinets and ample counter space, a nice sized dining room and a large hallway bathroom with a separate tub and shower. The bedroom off the kitchen has its own bathroom with a shower and there is a mixture of modern day touches like granite counters, tile floors, central air & heat and solar panels. The lot is over 8800 sq.ft. with a detached garage that is currently being used as a storage room, an additional covered patio and a long driveway that can accommodate numerous vehicles. Located in a nice residential neighborhood within walking distance to numerous shops and restaurants.

6709 Vesper, Van Nuys

$405,000

Welcome to your new home in the heart of Van Nuys! This charming 2-bedroom, 2-bath condo offers comfort, convenience, and a great community lifestyle. The open living area features laminate flooring, crown molding, recessed lighting, and a cozy fireplace. The kitchen includes granite countertops, ample cabinetry, and stainless steel appliances. The primary suite offers a walk-in closet and private bath, while the second bedroom is perfect for guests or a home office. Enjoy community amenities such as a fitness center and sauna. The HOA is doing several community improvements aimed at enhancing safety, appearance, and overall property value — making this complex even more desirable for residents and future homeowners. A new roof has been installed throughout the complex and upgraded energy efficient windows have been installed for this unit. Wait and there is more, brand new washer and dryer will be included as well. To make it even better, seller will payoff the HOA special assessment! Conveniently located near shopping, dining, and freeway access. Move-in ready and full of potential. - PRICED TO SELL!!

2 Beds ⋅ 2 Baths ⋅ RS25257099 MLS

Welcome to your new home in the heart of Van Nuys! This charming 2-bedroom, 2-bath condo offers comfort, convenience, and a great community lifestyle. The open living area features laminate flooring, crown molding, recessed lighting, and a cozy fireplace. The kitchen includes granite countertops, ample cabinetry, and stainless steel appliances. The primary suite offers a walk-in closet and private bath, while the second bedroom is perfect for guests or a home office. Enjoy community amenities such as a fitness center and sauna. The HOA is doing several community improvements aimed at enhancing safety, appearance, and overall property value — making this complex even more desirable for residents and future homeowners. A new roof has been installed throughout the complex and upgraded energy efficient windows have been installed for this unit. Wait and there is more, brand new washer and dryer will be included as well. To make it even better, seller will payoff the HOA special assessment! Conveniently located near shopping, dining, and freeway access. Move-in ready and full of potential. - PRICED TO SELL!!

7035 Woodley Unit 205, Van Nuys

$1,825,000

We are proud to represent these two contiguous RD1.5 Lots in Valley Glen. They are being sold for land value. Both SFRs will be delivered vacant. The property was built in 1945 and consists of 3 bedrooms and 1 bathroom. With a lot size of 6,913 square feet, the property has a total of 1,132 rentable square feet. The other, built in 1942, consists of 2 bedrooms and 1 bathroom. Together, they sit on an 11,913 square foot lot and have a total of 2,060 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

SR25220541 MLS

We are proud to represent these two contiguous RD1.5 Lots in Valley Glen. They are being sold for land value. Both SFRs will be delivered vacant. The property was built in 1945 and consists of 3 bedrooms and 1 bathroom. With a lot size of 6,913 square feet, the property has a total of 1,132 rentable square feet. The other, built in 1942, consists of 2 bedrooms and 1 bathroom. Together, they sit on an 11,913 square foot lot and have a total of 2,060 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.

14005 Victory Boulevard, Van Nuys

$1,069,000

*** FULLY PERMITTED ADU *** SEPARATE BACKHOUSE *** VALUE ADD OPPORTUNITY *** Welcome to 6402 Graves Ave, located in the highly desirable Lake Balboa neighborhood of Van Nuys. This beautiful property offers a rare combination of space, versatility, and location. Featuring 5 spacious bedrooms and 4 full bathrooms, this home is perfect for large families or investors. One of the standout features is the fully permitted Accessory Dwelling Unit (ADU), offering flexibility for rental income, a guest suite, or extended family living. The ADU includes its own private entrance, kitchen, bathroom, living space, and outdoor space. Ideal for tenants or independent living arrangements. Conveniently located in Lake Balboa, you’ll enjoy easy access to local parks, schools, shops, and the 405 and 101 freeways, making commuting easy. Whether you’re looking for a place to call home or a strong investment opportunity, this property checks all the boxes. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.

5 Beds ⋅ 4 Baths ⋅ SR25177120 MLS

*** FULLY PERMITTED ADU *** SEPARATE BACKHOUSE *** VALUE ADD OPPORTUNITY *** Welcome to 6402 Graves Ave, located in the highly desirable Lake Balboa neighborhood of Van Nuys. This beautiful property offers a rare combination of space, versatility, and location. Featuring 5 spacious bedrooms and 4 full bathrooms, this home is perfect for large families or investors. One of the standout features is the fully permitted Accessory Dwelling Unit (ADU), offering flexibility for rental income, a guest suite, or extended family living. The ADU includes its own private entrance, kitchen, bathroom, living space, and outdoor space. Ideal for tenants or independent living arrangements. Conveniently located in Lake Balboa, you’ll enjoy easy access to local parks, schools, shops, and the 405 and 101 freeways, making commuting easy. Whether you’re looking for a place to call home or a strong investment opportunity, this property checks all the boxes. Seller and Seller's Broker do not guarantee any information regarding property, square footage, use, zoning, or any other factor of the property. Buyer and buyer's broker to do their own due diligence and satisfy themselves.

6402 Graves Avenue, Van Nuys

$5,990,000

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.

22 Beds ⋅ 22 Baths ⋅ 25555149 MLS

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 Street, Van Nuys

$10,950,000

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.

49 Beds ⋅ 40 Baths ⋅ 25549049 MLS

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 Street, Van Nuys

$1,150,000

*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% 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.

8 Beds ⋅ 7 Baths ⋅ 25545333 MLS

*Financial Metrics* - 5.28% Cap Rate, 10.81 GRM, 104% 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 Street, Van Nuys

$1,650,000

Spacious Lake Balboa Home with Bonus ADU – Perfect for Multi-Generational Living or Rental Income! A fantastic opportunity to own a 4-bedroom, 2-bathroom home with a permitted 1-bedroom, 1-bathroom ADU in the highly desirable Lake Balboa neighborhood! This charming property offers ample space, flexibility, and endless possibilities for homeowners and investors alike. Nestled on a quiet street, this home is close to parks, schools, shopping, dining, and major freeways, making it an excellent choice for convenience and comfort. Whether you're looking for a multi-generational home or a property with rental income potential, this gem in Lake Balboa is a must-see!

5 Beds ⋅ 3 Baths ⋅ SR25067584 MLS

Spacious Lake Balboa Home with Bonus ADU – Perfect for Multi-Generational Living or Rental Income! A fantastic opportunity to own a 4-bedroom, 2-bathroom home with a permitted 1-bedroom, 1-bathroom ADU in the highly desirable Lake Balboa neighborhood! This charming property offers ample space, flexibility, and endless possibilities for homeowners and investors alike. Nestled on a quiet street, this home is close to parks, schools, shopping, dining, and major freeways, making it an excellent choice for convenience and comfort. Whether you're looking for a multi-generational home or a property with rental income potential, this gem in Lake Balboa is a must-see!

16654 Kelsloan Street, Van Nuys