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Listed by Eric Chen • CB RICHARD ELLIS
$2,350,000
Est. payment /mo
4,549 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,549 sqft
Price per Sqft $516
MLS Listing ID CRCV25090848
HOA Y/N No
Year Built 1913
Lot Size 7,502 Sqft
Property Sub-Type Other
Source Datashare California Regional
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 Angeles’s 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, originally built in 1913 but extensively renovated within the last 18 months, 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,
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
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