Van Nuys (VN) Homes with Multi Level Stories

Van Nuys (VN) Homes with Multi Level Stories

Welcome to Van Nuys, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and bustling community, Van Nuys offers a unique blend of urban living and suburban charm. With its convenient location, residents enjoy easy access to major freeways, making commutes to downtown LA and beyond a breeze. The area is surrounded by lush parks, trendy restaurants, and shopping centers, providing a perfect backdrop for an active lifestyle.

One of the standout features of Van Nuys is its array of multi-level story homes. These architectural gems cater to a variety of lifestyles, whether you’re a growing family in need of extra space or a professional looking for a stylish retreat. With spacious floor plans, these homes often boast open-concept living areas, gourmet kitchens, and ample natural light, creating an inviting atmosphere for both relaxation and entertainment.

Imagine hosting gatherings on your expansive deck or enjoying quiet evenings in your cozy loft. Multi-level homes in Van Nuys often come with additional perks such as private backyards, stunning views, and proximity to local amenities, making them ideal for those who appreciate both comfort and convenience.

As you explore the possibilities in Van Nuys, you'll find a community that embraces both tradition and modernity. Whether you're searching for your dream home or an investment opportunity, the multi-level homes in this thriving neighborhood offer a lifestyle that’s as dynamic as the city itself. Discover Van Nuys – where your ideal home awaits!

Newest Van Nuys (VN) Homes with Multi Level Stories

$5,990,000
22 Beds 22 Baths 25555149 MLS Active Status
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
49 Beds 40 Baths 25549049 MLS Active Status
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

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.