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For Sale

$900,000

2,464 sqft$365/sqft58 days on market

14830 Erwin Street

Los Angeles, CA 91411

· 8% down, 7% APR, 30yr fixed

4

Beds

4

Baths

2,464

Square feet

1954

Built

Listing narrative

Description

The property provides investors with an attractive combination of current income, supplemental revenue, and future value-add potential. The property consists of four residential units, including one updated unit, allowing an investor to benefit from an existing renovated unit while maintaining additional upside through future unit improvements and tenant turnover. The property also generates supplemental income from an on-site storage room, creating an additional revenue stream beyond traditional residential rents. Partial roof improvements were completed in 2025 and the building features full copper plumbing, helping a new owner to reduce the need for immediate capital investment in the property. Located near the intersection of Kester Avenue and Oxnard Street, the property provides convenient access to major transportation corridors, employment centers, shopping, restaurants, and neighborhood amenities throughout the San Fernando Valley. The property's four-unit configuration offers an attractive entry point for investors seeking a smaller multifamily asset with manageable operations and the potential to enhance income through continued improvements.

Listing agent (MLS): Roderick 'Rick' Raymundo · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$900,000

Beds

4 bd

Type

House

Home Size

2,464 sqft

Baths

4

Lot Size

0.17 acres

Year

1954

Status

For Sale

Days on Market

58

$ / Sqft

$365

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap