14161 Friar Street

Van Nuys,CA 91401

$ 2385000

4 Beds

3 Baths

0 SqFt


Key Details

Property Type Other Types

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID CV25090848

Bedrooms 4

Property Sub-Type Res Income 2-4 Units

Property Description

We are proud to present a compelling investment opportunity to acquire a 6-unit Multifamily Property in the High Demand Van Nuys Market within Los Angeless San Fernando Valley. Strategically positioned bordering the highly sought-after Valley Glen area, 14161 Friar Street offers investors a foothold in a location with significant rental upside. Situated just south of the major thoroughfare of Victory Boulevard and west of Hazeltine Avenue, the property benefits from excellent access to a wide array of amenities, transportation options, and the ongoing growth and revitalization of the surrounding Van Nuys and Valley Glen areas. This offering represents a unique chance to acquire a well-located asset with significant potential in a thriving Los Angeles submarket. Presenting a unique blend of classic charm and contemporary style, the meticulously built two-story property offers a desirable unit mix of four one-bedroom/one-bathroom and two spacious three-bedroom/ two-bathroom residences. Showcasing a mix of extensive renovation and new construction, the unit interiors feature central AC and new technology heating, and wood flooring. Kitchens are equipped with modern appliances, stylish tile backsplashes, quartz counters, and storage. Additional features include recessed lighting, base moldings, ample natural lighting, new bathroom vanities, new tubs/showers, and new windows. Select units offer private balconies. The propertys exterior has also undergone significant improvements, including newly paved asphalt for ample on-site parking, well-maintained low-maintenance landscaping

Location

State CA

County Los Angeles

Zoning Assessor

Direction Merge onto CA-170 N/Hollywood Fwy, Take exit 7 for Burbank Blvd, Use any lane to turn left onto Burbank Blvd, Turn right onto Ha

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 2240014025

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