14846 Friar St - Apartments FOR SALE


Van Nuys, CA 91411
$3,300,000 USD
310-873-3977
14846 Friar St, Van Nuys, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/22
null | 3.8% Cap Rate

14846 Friar St
Van Nuys, CA 91411


HIGHLIGHTS

  • NON-Rent Control
  • Conveniently located near the 405 Freeway, major thoroughfares of the SFV, local landmarks including Van Nuys Airport, Golf Course and High School.
  • Spacious 2 bed and 2 bath units with an abundance of natural light.
  • Well parked with a total of 12 spaces, 2 parking spaces per unit.
  • Walk Score: 79

OVERVIEW

SVN proudly presents this exceptional six-unit multifamily property located at 14846 Friar Street, Van Nuys, CA 91411. Situated just south of the Victory Boulevard and Kester Avenue intersection, this meticulously crafted six-unit property comprises all two-bedroom, two-bathroom residences, each averaging over 1,000 square feet. The units showcase high-end finishes, including Samsung refrigerators and dishwashers. The building features two levels, with three units on each floor, and provides two parking spaces per unit. Residents can also enjoy a communal space on the south side of the building, as well as a convenient laundry room equipped with two washers and two dryers. A lift provides accessibility to the first floor or residents and guests. Property is also strategically located within an Opportunity Zone, a designated economic development area designed to stimulate economic growth and job creation in low-income communities. Please contact Alejandro Hinostroza and/or Michael Chang for more information.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$444 USD /SF

# OF UNITS

6

PRICE/UNIT

$550,000

CAP RATE

3.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friar O-Zone Property

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R3-1

APN/PARCEL ID

2241-008-011

ASK ABOUT THIS PROPERTY

Alejandro HinostrozaSVN | Rich Investment Real Estate PartnersMore Info
310-873-3977

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Alejandro HinostrozaSVN | Rich Investment Real Estate PartnersMore Info
310-873-3977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.