14317 Friar St - Apartments FOR SALE


Van Nuys, CA 91401
$2,750,000 USD
818-606-0244
14317 Friar St, Van Nuys, CA for Sale
$2,750,000 USD
Apartments - FOR SALE
1/16
null | 4.75% Cap Rate

14317 Friar St
Van Nuys, CA 91401


OVERVIEW

Introducing the prime investment opportunity located in the thriving Van Nuys area. This multifamily gem features a meticulously maintained 8,605 SF building, comprising 8 units ideal for savvy investors. Constructed in 2007, the property boasts modern amenities and a desirable low-rise/garden layout, perfectly suited for the sought-after multifamily market. Zoned LAR3, this investment offers flexibility and potential for expansion. The property’s strategic location in Van Nuys presents an attractive prospect with access to a growing rental market and strong demand for multifamily residences. Don't miss the chance to acquire this exceptional asset in a flourishing real estate landscape.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$320 USD /SF

# OF UNITS

8

PRICE/UNIT

$343,750

CAP RATE

4.75%

% LEASED

88%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,747 SF

ZONING

LAR3

APN/PARCEL ID

2240-012-028

ASK ABOUT THIS PROPERTY

Alejandro HinostrozaSVN | Rich Investment Real Estate PartnersMore Info
818-606-0244

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Alejandro HinostrozaSVN | Rich Investment Real Estate PartnersMore Info
818-606-0244

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