Van Nuys Homes with Multi Level Stories

Van Nuys 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 dynamic community spirit, Van Nuys is a hidden gem that offers a unique blend of urban convenience and suburban charm. With its strategic location, residents enjoy easy access to major freeways, making commutes to downtown LA, the San Fernando Valley, and beyond a breeze.

Van Nuys boasts a variety of amenities, including parks, shopping centers, and an array of dining options that cater to every palate. The neighborhood is home to the iconic Van Nuys Airport, a hub for general aviation, and the picturesque Lake Balboa Park, where families can enjoy picnics, walking trails, and serene lake views.

For those looking to settle in Van Nuys, the real estate market offers an exciting selection of homes, particularly those with multi-level stories. These spacious residences provide ample room for families to grow, with multiple levels that create distinct living spaces. Whether you’re entertaining guests in an open-concept living area or retreating to a cozy bedroom on a higher floor, multi-level homes in Van Nuys offer both functionality and style.

With a variety of architectural styles, from mid-century modern to contemporary designs, you’re sure to find a home that suits your taste and lifestyle. Embrace the opportunity to live in a community that balances the excitement of city life with the comfort of a close-knit neighborhood. Discover your dream home in Van Nuys today!

Newest Van Nuys Homes with Multi Level Stories

$2,875,000
16 Beds 16 Baths 26900119 MLS Active Status
Four substantial residences. Eight garage parking spaces. Private yards. Modern construction. Strong income. A truly differentiated Valley Glen investment built for long-term ownership. A rare opportunity to acquire a turnkey, newer-construction four-unit property offering the space, privacy, and functionality of individual homes with the income and efficiency of a multifamily investment.Ideally positioned on a prominent corner lot in Valley Glen and backing to a quiet residential neighborhood, the property features four expansive townhome-style residences, each offering 4 bedrooms, 4 bathrooms, a private yard, attached two-car garage, two balconies, and in-unit laundry.Designed with today's renter in mind, each residence features an open-concept living and dining area, modern kitchen with thoughtfully selected finishes, generously sized bedrooms, abundant closet and storage space, and a highly functional floor plan that lives more like a single-family home than a traditional apartment.The combination of large four-bedroom layouts, private outdoor space, direct-access garages, and modern construction creates an exceptionally compelling rental product in a market where comparable offerings are difficult to replicate.Currently generating strong, stable income at an attractive 6.1% cap rate, the property offers investors immediate cash flow with the long-term appeal of a high-quality asset in one of the Valley's most desirable residential rental pockets. One residence may also be delivered vacant at the buyer's request, creating a unique opportunity for an owner-user, multigenerational buyer, or investor seeking additional leasing flexibility.

13822 Oxnard Street, Van Nuys

$2,550,000
10 Beds 10 Baths 26845473 MLS Active Status
Due to its construction in 1987, the property is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. Given its attractive 6.46% CAP Rate, the asset offers an investor both strong immediate cash flow as well as the opportunity to increase future income more rapidly without the restrictions of Los Angeles rent control. With spacious one-bedroom floorplans averaging approximately 875 square feet each, the property can more easily attract higher-paying tenants. Its array of desirable amenities, including central air/heat, private balconies, and on-grade garage parking, allow the building to achieve more premium rents than competing apartments in the local area. Several of the units have already been thoroughly upgraded, saving an owner from future renovation costs while providing a clear blueprint for remodeling the remaining apartments. Interior upgrades in renovated units include wood flooring, stone countertops, stainless steel appliances, recessed lighting, and new ceiling fans. The building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an investor from an otherwise costly maintenance expense. Located near the intersection of Sherman Way and Haskell Avenue, the property offers residents incredibly easy access to the 405 Freeway, connecting tenants to various job centers and retail destinations throughout the San Fernando Valley and Greater Los Angeles Metro area.

7437 Haskell Avenue, Van Nuys

$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.