Van Nuys (VN) Homes with Multi Level Stories

Van Nuys (VN) Homes with Multi Level Stories

Welcome to Van Nuys, California—a vibrant neighborhood nestled in the heart of Los Angeles County. Known for its rich cultural diversity and a strong sense of community, Van Nuys 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 and the San Fernando Valley a breeze.

One of the standout features of Van Nuys is its array of multi-level homes, perfect for families or anyone seeking additional space and flexibility. These stunning multi-story residences often boast expansive layouts, allowing for a seamless flow between living areas, bedrooms, and outdoor spaces. Imagine hosting gatherings with friends in your spacious living room or enjoying peaceful evenings on your private balcony with breathtaking views of the San Fernando Valley.

The architecture in Van Nuys is as diverse as its residents, with modern designs that incorporate eco-friendly materials, as well as charming mid-century homes that reflect the area’s rich history. Many of these multi-level homes come equipped with modern amenities, including gourmet kitchens, luxurious master suites, and energy-efficient features, ensuring comfort and style.

Beyond the homes, Van Nuys is a hub for entertainment and recreation, with numerous parks, shopping centers, and dining options just a stone’s throw away. Whether you’re taking a leisurely stroll through the local park or enjoying a meal at one of the many eclectic restaurants, you’ll find that Van Nuys truly has something for everyone. Discover the perfect multi-level home in this dynamic neighborhood and embrace the vibrant lifestyle that awaits you in Van Nuys!

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

Start Your Search

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.