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Sell Your Van Nuys Apartment Building

Glen Scher, Filip Niculete and the LAAA Team help Van Nuys apartment owners evaluate a sale, prepare the property and reach qualified buyers. Explore the team's local closing history and the decisions behind selected sales.

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45

Transactions

$124.78M

Total Volume

4.97%

Avg Cap Rate

$247,171

Avg $/Unit

13

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: 41 of these 45 closed transactions are apartment sales. A sale with no figure recorded is left out of that average, so cap rate draws on 40.

LAAA Team Track Record Since 2012

Van Nuys Multifamily Market Overview

The LAAA Team's published Van Nuys history includes 45 closed transactions totaling $124.8M, dated 05/30/2013 through 08/28/2026. These are historical team transactions across property types, not a survey of every Van Nuys sale or a forecast of your building's value. The apartment statistics below identify their own samples.

The existing story of 6034 Fulton Avenue explains a long-held family estate sale: the team offered the buildings together or individually, used nearby completed transactions to frame pricing, and worked through inspection and purchasing-entity changes. The 13915 Sherman Way story shows another part of the assignment: a renewed marketing campaign after a price change, comparison of competing offers, buyer qualification and coordination of tenant estoppels. Read the original stories for the circumstances and outcomes of each sale.

For a Van Nuys owner, the proposal starts with the actual building: current rent roll and collections, operating expenses, loan terms, capital work and unit documentation. We evaluate comparable sales and buyer underwriting, then discuss pricing, individual versus portfolio marketing where relevant, and what needs to be ready before launch. A smaller rent-controlled building and a newer property can require different preparation; confirm the property's actual rent-rule coverage rather than assuming it from the neighborhood.

If you are deciding whether to hold, sell or exchange, request a valuation and tell us about your timing and goals. We can discuss estimated sale proceeds and an equity or exchange analysis before you choose a marketing strategy. Buyers should use the current listings below or the listings page; the historical closing table contains completed transactions.

Market Snapshot

Source: CoStar | Van Nuys Multifamily | 2026 Q1
24,070Total Units
4.8%↑ from 4.0%Vacancy Rate
$1,856Market Rent/Unit
+0.0%Rent Growth (YoY)
5.1%Market Cap Rate
$271,639Market $/Unit

Rents by Unit Type

Studio$1,457/mo
1 Bedroom$1,650/mo
2 Bedroom$2,196/mo
3 Bedroom$2,582/mo

Investment Activity (Trailing 12 Mo)

Sales Volume$31.2M
Transactions12
Avg Price/Unit$271,639
Avg Cap Rate5.5%

Van Nuys Market Area

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LAAA Team Closings in Van Nuys

45 transactions by Glen Scher, Filip Niculete & the LAAA Team

13915 Sherman Way

Van Nuys • 2026

Price
$3,400,000
Units
15
Cap
6.52%
$/Unit
$226,667

6860 Woodley Ave

Van Nuys • 2026

Price
$1,715,000
Units
7
Cap
5.73%
$/Unit
$245,000

6034 Fulton Ave

Van Nuys • 2026

Price
$2,910,000
Units
12
Cap
5.85%
$/Unit
$242,500

14932 Kittridge St

Van Nuys • 2026

Price
$1,734,000
Units
4
Cap
4.10%
$/Unit
$433,500

5917 Buffalo Ave

Van Nuys • 2025

Price
$1,645,000
Units
5
Cap
6.30%
$/Unit
$329,000

14015 Oxnard St

Van Nuys • 2025

Price
$5,136,000
Units
32
Cap
7.56%
$/Unit
$160,500

6716 Sylmar Ave

Van Nuys • 2025

Price
$3,500,000
Units
12
Cap
6.34%
$/Unit
$291,667

14658 Gilmore St

Van Nuys • 2025

Price
$1,690,000

6228 Fulton Ave

Van Nuys • 2024

Price
$8,740,000
Units
30
Cap
6.05%
$/Unit
$291,333

6311 Hazeltine Ave

Van Nuys • 2024

Price
$915,000

7303 Woodley Ave

Van Nuys • 2024

Price
$950,000
Units
5
Cap
5.44%
$/Unit
$190,000

16647 Victory Blvd

Van Nuys • 2023

Price
$1,075,000

5821 Hazeltine Ave

Van Nuys • 2022

Price
$1,160,000
Units
4
Cap
4.33%
$/Unit
$290,000

6727 Orion Ave

Van Nuys • 2022

Price
$2,077,011
Units
5
Cap
4.03%
$/Unit
$415,402

15716 Saticoy St

Van Nuys • 2021

Price
$14,200,000
Units
42
Cap
4.35%
$/Unit
$338,095

6616 Sylmar Ave

Van Nuys • 2021

Price
$2,500,000
Units
7
Cap
4.19%
$/Unit
$357,143

13210 Victory Blvd

Van Nuys • 2021

Price
$5,635,000
Units
30
Cap
3.81%
$/Unit
$187,833

14019 Vanowen St

Van Nuys • 2020

Price
$2,690,000
Units
5
Cap
5.05%
$/Unit
$538,000

14403-14409 Tiara St

Van Nuys • 2020

Price
$5,450,000
Units
8
Cap
4.78%
$/Unit
$681,250

14837 Delano St

Van Nuys • 2020

Price
$1,762,500
Units
8
Cap
5.10%
$/Unit
$220,313

Source: LAAA Team Closed Transactions

Selected Deal Stories

Our Active Listings in Van Nuys

Van Nuys Multifamily Investment FAQs

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LAAA Team of Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA Team of Marcus & Millichap