14728 Friar Street

Van Nuys, CA 91411

  • 22 Bed(s)
  • 0 Bath(s)
  • 10,176 Sqft
  • 6250
    Sqft(Lot)
$5,990,000

Description

Presenting a rare ground-up multifamily development opportunity in van nuys, currently under construction with anticipated completion by january 2026. this offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. at market rents, the project is projected to achieve an approximate 5% cap rate. additionally, it is uniquely situated within a federally designated opportunity zone, offering potential tax incentives for investors focused on long-term capital appreciation. located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within van nuys and borders high-growth neighborhoods such as sherman oaks and north hollywood, where nearly 40 additional development projects are underway. van nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of los angeles. the property's central location offers walkable access to local parks, lake balboa, coffee shops, restaurants, and everyday retail amenities. it also boasts excellent regional connectivity via the 405 and 101 freeways, metro bus lines, and the van nuys metrolink station providing convenient access to key employment centers in sherman oaks, burbank, studio city, and downtown los angeles.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50256674

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Property Details

  • Bedroom Information

    • Total Bedrooms : 22

    Bathroom Information

    • Total Baths: 22
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Microwave,Refrigerator,Dryer,Washer
    • Flooring: Wood

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2026
    • Building Area Total: 10,176

    Security Features

    • Fire Sprinkler System,Security Gate,Gated Community,24 Hour Security,Smoke Detector(s)

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1435
    • Lot Size Dimensions: 50x125
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 6250

  • Listing Price Information

    • Original List Price: 5,990,000
    • Listing Contract Date: 2025-06-23

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2241007006

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VN - Van Nuys
    • Postal Code Plus 4: 2206
    • Directions: https://www.google.com/maps/place/14728+Friar+St,+Van+Nuys,+CA+91411/@34.1854181,-118.4566905,16z/data=!3m1!4b1!4m6!3m5!1s0x80c2970f1fa18471:0xa19d301e8f810ecb!8m2!3d34.1854181!4d-118.4541156!16s%2Fg%2F11ltc18xnc?entry=ttu&g_ep=EgoyMDI1MDYxNi4wIKXMDSoASAFQAw%3D%3D
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: VN - Van Nuys

    Building and Construction

    • Property Age: -1
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 10176
    • Levels or Stories: Three Or More,Multi/Split
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BuyOwner last updated this listing 07/26/2025 @ 08:09

  • MLS: 25555149
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 22 bedrooms which is for sale, it has 10,176 sqft, 6,250 sized lot, and 0 parking. are nearby neighborhoods.