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Tuesday, May 13, 2025

Van Nuys Townhouses Sell for $5.6 Million

Erwin Apartments, a multifamily property at 14740 Erwin St. in Van Nuys, has sold for $5.59 million, or $310,556 a unit, according to Warren Berzack, principal of Lee & Associates-LA North/Ventura, who represented the seller with Lee Principal Slavic Zlatkin. Both seller and buyer are private investors. Built in 2007, the property features 18 townhouses, each roughly 900 square feet with two bedrooms, two baths and balconies. “This property is non-rent-controlled with a lot of rental upside,” Berzack said in a statement. “Along with that, it is located in a very walkable neighborhood close to amenities, transportation and schools, making it a highly attractive investment.” Lee & Associates-LA North/Ventura has offices in Sherman Oaks and Calabasas.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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