14655 Erwin St, Van Nuys, Los Angeles County, CA, 91411 Los Angeles CA US

USD 3900000 For Sale
MLS: 22-186841

Property Details

Bedrooms

5

Bathrooms

8

Neighborhood

Van Nuys

Property Type

MultiFamily

Description

OPPORTUNITY ZONE | 2022 CONSTRUCTION | 5 UNIT | NO RENT CONTROL- Take advantage of additional OZ tax benefits if you close prior of C of O issued. A high demand investment opportunity featuring modern design and open floor plans throughout. This secure well-built development consists of (2) 5 Bed 4 Bath, (2) 4 Bed 3 Bath and (1) 2 Bed 2 Bath units each equipped with its own Central A/C & laundry room, three stories, on grade garage parking, broad balconies, substantial bedrooms distributed among all levels and conveniently resides near City Hall, Van Nuys Orange Line Station, Large Shopping Centers and just under 7 miles from Bob Hope Airport. This fantastic development product would be a great property to add to your portfolio with a projected 5.4% Cap Rate and considerable annual gross rental income. An unparalleled opportunity to acquire a remarkable property and a lasting investment with great potential in a thriving neighborhood. Find out more about this property. Request details here

Location

Address

14655 Erwin St, Van Nuys, California 91411, United States

City

Van Nuys

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Real Estate Broker
Or Brodsky
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