14161 Friar St | Van Nuys, CA 91401
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- LoopNet Team
14161 Friar St
Van Nuys, CA 91401
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Prime Van Nuys Location: Situated on a Quiet Residential Street with Strong Rental Demand
- Immediate Upside Potential: Delivered with 3 Vacant Units and Boasts a Favorable 5.43% CAP Rate with Achievable Market Rents
- Favorable Unit Mix: Property Features 3, 1-Bedroom/1- Bathroom, 1, 1-Bedroom/1-Bathroom Newly Built ADU, and 2, New Construction 3-Bedroom/2-Bathroom
- Turnkey & Transformed Asset: The Property Has Undergone Comprehensive Renovations, with 100% of the Asset Benefiting from Significant Upgrades
- Extensive Capital Improvements: Upgrades Include Fully Renovated Interiors, Central AC & New Tech Heating, In-Unit Washer & Dryer Hook Ups
- Highly Walkable Location: Very Walkable Walk Score® of 82 out of 100, the Property is Nearby Restaurants, Shopping Centers, Recreation
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 4,549 SF |
| Property Subtype | Apartment | Average Occupancy | 75% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 2025 |
| Zoning | LARD1.5-1 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,549 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | LARD1.5-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,046 | 561 |
| 3+2 | 2 | $3,400 | 1,153 |
PROPERTY TAXES
| Parcel Number | 2240-014-025 | Improvements Assessment | $401,136 |
| Land Assessment | $601,704 | Total Assessment | $1,002,840 |
PROPERTY TAXES
Parcel Number
2240-014-025
Land Assessment
$601,704
Improvements Assessment
$401,136
Total Assessment
$1,002,840
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