Homes for sale - 14728 Friar ST, Van Nuys, CA 91411

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$5,990,000

Est. payment - /mo

22 Beds

22 Baths

10,176 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,176 sqft

Price per Sqft $588

MLS Listing ID 25555149

Bedrooms 22

HOA Y/N No

Year Built 2026

Lot Size 6,250 Sqft

Property 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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Interior Features Open Floorplan, Recessed Lighting, Loft, Walk-In Pantry, Walk-In Closet(s)

Heating Central

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Microwave, Oven, Refrigerator, Range Hood, Dryer, Washer

Exterior

Exterior Feature Rain Gutters

Parking Features Controlled Entrance, Covered, Gated, Side By Side

Pool None

Community Features Gated

Amenities Available Controlled Access

View Y/N Yes

View City Lights, Courtyard

Porch Enclosed

Total Parking Spaces 12

Private Pool No

Building

Story 5

Entry Level Three Or More,Multi/Split

Foundation Permanent, Slab

Sewer Sewer Tap Paid

Architectural Style Contemporary

Level or Stories Three Or More, Multi/Split

New Construction Yes

Others

Senior Community No

Tax ID 2241007006

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

Special Listing Condition Standard

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Listed by Scott Rosenberg Kidder Mathews of California, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

9

Ararat Charter

Public | KG - 5
9

Dixie Canyon Community Charter

Public | KG - 5
8

Lanai Road Elementary School

Public | KG - 5
8

Hesby Oaks Leadership Charter

Public | KG - 8
8

Kester Elementary / Magnet

Public | PK - 5
8

Sherman Oaks Elementary Charter

Public | KG - 5
8

Chandler Learning Academy

Public | KG - 5
7

Ivy Bound Academy of Math, Science, and Technology

Public | 5 - 8
7

Valor Academy Charter

Public | 5 - 8
6

Riverside Drive Charter

Public | KG - 5
6

Monlux Elementary School

Public | KG - 5
5

Cohasset Elementary School

Public | KG - 5
5

Noble Avenue Elementary

Public | KG - 5
5

Ranchito Avenue Elementary School

Public | KG - 5
5

Kittridge Street Elementary

Public | PK - 5
5

Erwin Elementary

Public | KG - 5
5

Coldwater Canyon Elementary School

Public | KG - 5
4

Parthenia Street Elementary School

Public | KG - 5
4

Valerio Elementary School

Public | PK - 5
4

Michelle Obama Elementary

Public | KG - 5

Middle Schools 8

6

Millikan Middle School

Public | 6 - 8
5

Madison Middle School

Public | 6 - 8
4

Robert Fulton College Prep

Public | 6 - 12
2

Vista Middle School

Public | 6 - 8
1

Van Nuys Middle School

Public | 6 - 8
0

Los Angeles Hebrew High School

Private | 7 - 12
0

Options for Youth-Hermosa Beach, Inc.

Public | 7 - 12
0

Emerson Academy

Private | 6 - 12

High Schools 13

7

Van Nuys Senior High School

Public | 9 - 12
6

CHAMPS - Charter High School of the Arts - Multimedia and Performing

Public | 9 - 12
6

Ulysses Grant High School

Public | 9 - 12
5

Valor Academy Charter High School

Public | 9 - 12
2

Jack London Community Day

Public | 9 - 12
1

Panorama High School

Public | 9 - 12
0

Will Rogers Continuation

Public | 9 - 12
0

Cal Burke High School

Public | 9 - 12
0

St Genevieve High School

Private | 9 - 12
0

Notre Dame High School

Private | 9 - 12
0

Academy of Amherst Jr-Sr High School

Private | 10 - 12
0

Jack London Continuation

Public | 9 - 12
0

Coldwater Canyon Preparatory

Private | 9 - 12

School and business data provided by Attom Data.

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