The median home value in Van Nuys, CA is $825,500.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Van Nuys, CA is $825,500.
Approximately 45.51% of Van Nuys homes are owned,
compared to 47.38% rented, while
5.3% are vacant.
Van Nuys real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Van Nuys real estate agent to arrange a tour today! Learn more about Van Nuys.
Fully renovated office complex conveniently located just off Van Nuys Blvd, showcasing four individual units, four bathrooms, a spacious conference room, two fully equipped kitchenettes, and 14 parking spots accessible via a private motorized gated driveway. Renovations encompass comprehensive upgrades including drywall installation, electrical improvements, flooring replacement, new doors and partitions, as well as a fresh roof and windows. The primary upstairs unit features custom glass partitions, an expansive open floor plan, and a covered turfed balcony. Situated within easy reach of shopping centers, retail outlets, Van Nuys airport, and The Superior Court of California for added convenience.
Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors. Property can also be purchased together with 14520 Erwin St for $1,850,000.
Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures.. Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility. The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential. Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctu
6 Units on a large lot in a great and desired location in the city of Van Nuys with lots of potential. Conveniently located near the Court and other government buildings in the heart of the city of Van Nuys with close access to the 405, 101, and 170 freeways. Located just 2.3 miles from the Van Nuys Metrolink Station, which allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity, gas, and trash.
Terrific retail commercial property with a lot of potential due to its prime location in Van Nuys. The ample parking with 12 parking spaces and high visibility are definite advantages for attracting customers. Property features a 5,950 SF building on a large lot of 10,000 SF with newer roofing. The property offers convenient access to public transit, major freeways and existing LA Metro Orange line as well as Potential Project Metrolink Green line.
14243 Victory is a new construction, cash-flow stabilized apartment building that has everything an investor can ask for! Built in 2022, the property is free of any rent control restrictions in the always strong San Fernando Valley rental market. The property has a total of 5 units (Four Units + ADU) that has an incredible unit mix consisting of: Two (4 bedroom/4 bathroom) Townhomes, One (4 bedroom/3 bathroom) Townhome, One (2 bedroom/2 bathroom) unit and One spacious (1 bedroom/1bathroom) apartment. Tenants pay for all utilities. Plenty of onsite parking. Aside from the amazing property highlights, the current loan is assumable at 3.25% fixed interest rate with three and a half years left on the term! Unheard of in today's climate of climbing rates! Located in one of the best pockets of Van Nuys, near city hall, the building is only a few minutes away from Sherman Oaks to the South. Please do not disturb tenants.
Matthews is pleased to present 14417 Tiara St, a 15-unit apartment complex in Van Nuys, CA. Built in 1982, the property provides contemporary one-bedroom apartments and townhomes, featuring high-quality flooring, recessed lighting, and fully equipped kitchens with stainless steel appliances. The property offers a secure entrance, tiled common areas, and designated underground gated parking. All units are individually metered for gas and electric. All units include air conditioning, and each tenant has secured onsite parking. Several of the units have balconies. There is also an on-site laundry facility which is tied to a lease with WASH, and there is a community barbeque area for tenants to enjoy.
Great Investment Opportunity on this Gated 9 unit Apartment Building with 2- 2 bedroom + 1.5 bath units and 7- 1 bedroom + 1 bath units. This Pride of ownership gated building has subterranean covered parking with 1 parking space per unit. Each unit has a storage cabinet above their parking space. There is a large onsite laundry room. Building is Seismic retrofitted and in great condition with newer roof, newer plumbing, recently updated electrical, some newer windows and partially painted. Great location near Van Nuys City Hall, courthouse and walking distance to Metro Busway Transportation. This Retro Looking building has been in a few movies because of it's look. Extra income was generated for the owner and tenants. Tremendous upside in rents. All tenants paid during Covid.
Van Nuys Marble and Granite - Welcome to a rare opportunity to acquire a thriving marble and granite business in a prime location on Sepulveda Boulevard just north of Burbank and next to Costco. The Cordola family has owned and operated this business for three generations, and now it is time for them to pass the baton to the next savvy entrepreneur. This business specializes in the fabrication of marble and granite products, serving the needs of the community and beyond. With its prime location, it enjoys a steady stream of business from both residential and commercial clients. The quality of workmanship, combined with competitive pricing, has earned this business a stellar reputation in the industry. This is a once-in-a-lifetime opportunity to acquire a profitable business with a rich history and a bright future. Don't miss out on the chance to own this prime location on Sepulveda Boulevard in Van Nuys. Specializing in: Shower enclosures Tub decks Flooring Columns Desks Kitchen countertops Barbecue countertops Dining room tables Fireplaces Monuments Faade of buildings Equipment included in sale: 2006 Dodge pickup truck Clark forklift 2 CNC machines (saws) with hydraulic benches/tilting Tysaman Polish machine Italian drill press for countertops (8x4) Bullnose machine Stoc
We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.
5660-5662 Kester Avenue Located in Sherman Oaks is an Excellent Value-Add Opportunity for Your Investors or 1031 Tax Exchange Buyers. This Opportunity has a Substantial Upside in Rents and the Addition of (4) ADU Units. The Property is a Well-maintained 5-unit building that consists of (4) One-Bedroom Units and (1) Two-Bedroom Unit with separate entrances for each unit. This Property Includes a Detached Second Garage Structure that is Currently a 5 Car Garage with Storage that can be Converted into (4) Additional ADUs that will Increase the Monthly Income by $10,000 a month. Each Unit has (1) Garage parking space with alley access for easy ingress and egress. The Building includes a Shared Laundry room for all the Tenants. No Seismic Retrofit is Required. The Building has Copper Plumbing Throughout with New Exterior Paint and Windows. The Property is Professionally Landscaped and Maintained. The Buildings are Well Maintained and Professionally Managed.
This 32-unit two-story garden style complex has gated entry, a pool, laundry room and landscaped courtyard. The parking is also gated and has 24 tuck under spaces, 9 carport spaces and one open space for a total of 34 cars. The City of Los Angeles mandatory seismic retrofit work has already been completed by the owner. Other capital improvements include repaving the driveway and putting on a new roof about 10 years ago.The building is separately metered for both gas and electricity and the majority of the units have a private patio or balcony. The unit mix is excellent of 56% two bedrooms, two baths units averaging $1.59 psf and 44% one bedroom units averaging $1.34 psf. Both unit types are currently renting significantly below the current market of at least 50%.This well-maintained complex offers an investor stable cash flow with upside that will appreciate in value over time. The property is also located in an Opportunity Zone, which offers an investor the potential to defer and eliminate capital gains if they substantially improve the asset per the existing OZ laws. *Located in Opportunity Zone *Very well maintained *Great Mix of 1 & 2 Bedrooms with Balconies / Private Patios *Gated Parking & Entry *Pool, Laundry and Landscaped Courtyard
Unique opportunity beckons for investors or developers in the vibrant heart of Van Nuys! Uncover the potential of this commercial property, zoned C2-1L, boasting a valuable 52-space parking lot. This versatile property holds immense promise, suitable for a spectrum of uses, from retail and service stations to garages, churches, schools, auto sales, apartments, condos, and hotels. The existing structure stands tall as a 5-story, 35,046 sqft building on a generous .51-acre lot, a rare find in the area. Convenience is paramount, with the property strategically positioned within walking distance of bustling shopping and dining hubs. Enjoy proximity to renowned establishments like Costco, Target, Chase bank, Starbucks, and more, enhancing the property's allure. Strategic location is further underlined by easy access to major freeways, including the 405, 118, and 101, streamlining connectivity for businesses and patrons alike. Sherman Way, a major cross street, adds to the property's accessibility. Seize the moment! Don't let this exceptional opportunity slip away. Schedule your private showing now to explore the full potential of this prime commercial property in Van Nuys.
Strategically situated in the heart of Van Nuys, this exceptional multi-residential property presents a compelling investment opportunity. Boasting a prime location, this sought-after apartment building consistently maintains high occupancy rates, with units rarely becoming available. Comprising a total of 8 units, the property features 7 units, each offering 2 bedrooms and 1 bathroom, and a unique 3-bedroom, 2-bathroom unit. Recent upgrades include a brand-new roof installed in January 2023. Additionally, the building boasts updated plumbing throughout and has undergone earthquake retrofitting. Don't miss out on this rare opportunity to own a property in a prime location, making it an attractive and lucrative investment.
Potential Medical Office / Apartment development. Teri Heravi is proud to present the Exclusive Listing at 15217 Burbank Blvd in Sherman Oaks. Just East of Sepulveda on Burbank Blvd. Property offers High Traffic and High Visibility. In close proximately of Target and Costco, Sherman Oaks Galleria. Easy access to the 405 and 101 freeways. Formerly Law Offices with 5 offices, conference room, kitchen and 2 bathrooms. 2,387 SF / 9,426SF Lot. Zoned C2-1VL. Property offers rare 14 parking spaces. Delivered Vacant.
The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and
Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 6.52% Cap Rate with 96% upside in rents! Three (3) move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.
[BOM] We are proud to represent this 9-unit apartment building in Valley Glen. The property has an excellent unit mix consisting of (1) 5+3 unit, (1) 2+2 unit, (2) 3+1 units, (3) 2+1 units, and (2) 1+1 units with a lot size of 10625 square feet, the property has a total of 7726 rentable square feet. The unit composition allows for healthy long term stays and projected lower turnover times. Currently 2 vacant units are ready to be rented out! The complex has been renovated in its entirety from exterior smooth coating, updated windows, to complete unit make overs. The property maintains 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 transportation service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered. ***NOTE: Even with the outstanding cashflow this property provides the seller's financing is assumable if the buyer qualifies***
Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.
Opportunity to purchase a 9 unit non rent controlled property in prime Sherman Oaks. Tremendous upside of 20+% in the existing rents. Being sold by long time owner. Perfect 1031 property. Spacious townhouse units average 970 Square feet and features central HVAC, wood flooring, patios and balconies, parking garage, securitized building, community laundry room, individual water heaters. Potential to convert to condos and or add additional living space to two of the units. Sherman Oaks Galleria and great shopping is within one mile of the property. Convenient access to the 405, 134 and 101 freeways. This opportunity will not last long. Pride of ownership building on nice corner lot with large frontage on Magnolia Boulevard.
We Are Pleased to Present the Sale of 13135 Vanowen St, North Hollywood Ca 91605 a 14 Unit Existing Building With Over 60% of Rental Upside Potential. In Place Cap Rate of 5.4% and Grm of 11.7. This Property Comprises a Diverse Unit Mix of (1) 1+1, (8) 2+1.5, (1) 2+2 and (4) 3+2 Units With a Shared Central Courtyard. Soft Story Retrofit Has Been Completed. This Building is for Sale at a Price Significantly Below the Current Cost of Construction ($246 Per Sqft), Presenting an Exceptional Value to Investors.
Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.
More than 78% of the unit interiors have been thoroughly upgraded, featuring new amenities such as custom Calacatta quartz countertops, French Oak-inspired wood flooring, stainless steel appliances, and completely remodeled bathrooms. A new investor may be able to benefit from the already-completed upgrades to realize consistent income improvement, as area rents have steadily increased even in the short time since these renovations were completed. Moreover, a new owner can conduct a similar revitalization of the remaining three apartments to potentially recapture approximately 15% in rent upside. Because nearly all of the units are currently leased at or near market rent levels, the effects of local rent control have been essentially removed, leaving the new owner a market rental base similar to that of a non-rent controlled asset. Located near the intersection of Valleyheart Drive and Kester Avenue, the building sits only four blocks from the fine dining and premium boutiques along world renowned Ventura Boulevard. The property features spacious floorplans covering approximately 12,925 square feet across the 14 units. Recent macroeconomic fundamentals have provided strong tailwinds for apartment occupancy and rental rates, as more potential homeowners have remained in rental hou