Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

8,605 sqft

Lot size

6,502 sqft

Year built

2007

Stories

2

Heating

Central

Cooling

Central Air

Status

Active

Days on market

8

MLS #

244550200

About this property

Rare opportunity to acquire a newer construction (2007) multifamily asset in the heart of Van Nuys. Unlike many competing properties, this building is not subject to the City of Los Angeles Rent Stabilization Ordinance (buyer to verify), providing greater operational flexibility. Spacious units feature contemporary layouts, wood-style flooring, central HVAC, in-unit laundry hookups, and ample natural light. Gated parking and a desirable location near shopping, restaurants, transit, and major commuter routes contribute to strong tenant appeal. An outstanding addition to any investment portfolio.

Location

14317 Friar Street

Van Nuys, Los Angeles, CA, 91401