14109 Erwin St, Van Nuys, CA 91401
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14109 Erwin St Van Nuys, CA 91401

$1,400,000
  • 9 Beds
  • 8 Baths
  • 5,200 Sq.Ft.
For Sale
$1,400,000 Get Pre-Qualified

Map preview of 14109 Erwin St, Van Nuys, CA 91401

Property Overview: 14109 Erwin St Van Nuys, CA has 9 bedrooms, 8 bathrooms, 5,200 living square feet and 6,252 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are proud to represent this 7 unit apartment building in Van Nuys. The property has an excellent unit mix consisting of (1) studio, (4) 1+1 units, (1) 2+1 unit, and (1) 3+2 unit. With a lot size of 6,252 square feet, the property has a total of 5,200 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. The property is separately metered for electricity.

Listed by Cindy Hill | BRE #00885625 | Equity Union
Last checked: 14 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 155
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Home details

Lot Sq. Ft
6,252
HOA Dues
$0/mo
Year built
1964
Garage
7 Car
Property Type:
Apartment
Status
Active
MLS#
SR23143553
City
Van Nuys
County
Los Angeles
Time on Site
291 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,225
  • Total Rent: $4,899
  • Pro Forma/Market Rent: $7,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,535
  • Total Rent: $1,535
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $111,408
  • Net Operating Income: $66,139
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $42,647
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,800
  • Insurance: $3,700
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 14109 Erwin St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 7
  • Parcel Number: 2240018015
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Just south of Victory, just off Hazeltine
Neighborhood Information
  • Community Features: Suburban, Urban, Valley
View more facts & features

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Sale History for 14109 Erwin St

Last sold for $400,000 on February 27th, 2002
  • August, 2023

  • Aug 2, 2023

    Date

    Active

    CRMLS: SR23143553

    $1,700,000

    Price

  • February, 2002

  • Feb 27, 2002

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 14109 Erwin St

Assessed Value (2020): $675,388
Year Land Value Improved Value Assessed Value
2020 $202,612 $472,776 $675,388

Home Value Compared to the Market

This property vs the competition

14109 Erwin St is listed 59.27% higher than the median list price for the city of Van Nuys which has a median list price of $879,000. The median price per/sqft for Van Nuys is $566 and this home is listed at $269.23 per/sqft which puts the price per square foot 52.43% lower than the median price per square foot for the city of Van Nuys.

About 14109 Erwin St

Detailed summary of property

14109 Erwin St is a apartment located in Van Nuys, CA 91401 and is currently for sale. This apartment offers 9 bedrooms, 8 bathrooms, roughly 5,200 living square feet, and sits on an approximately 6,252 square foot lot. 14109 Erwin St was first listed on ArdentRealEstateGroup.com on August 3, 2023. The homeowner is currently asking $1,400,000 and was originally asking $1,700,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 59.27% higher than the median priced home. Local competing homes currently for sale include 6669 De Longpre Ave, 859 N Mansfield Ave and 827 N Mccadden Pl. While the average home in Van Nuys, CA is selling in 59 days, 14109 Erwin St has a days on market of 155 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 14109 Erwin St Van Nuys, CA 91401 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 14109 Erwin St

Public county record property details
Beds
9
Baths
8
Year built
1964
Sq. Ft.
5,200
Lot Size
6,252
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
2240-018-015

The source for these homes facts are from public records.

91401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$651
Median Sold Price
$970,000
Median Sold Price/Sq.Ft.
$588
Total Inventory
69
Median Sale to List Price %
117.01%
Avg Days on Market
25
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (25%), Other (37.5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.