14728 Friar Street
Van Nuys, CA 91411
22
Bed
0
Bath
10,176Sqft
6,250Sqft(Lot)
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 Oa
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 22Bathroom Information
Total Baths: 22 Full Baths: 0 Half Baths: 0Water/Sewer
Sewer: Sewer Tap Paid -
Interior Features
Exterior Property Features: Rain Gutters Interior Features: Open Floorplan,Recessed Lighting,Loft,Walk-In Pantry,Walk-In Closet(s) Windows: Double Pane Windows Property Appliances: Dishwasher,Microwave,Oven,Refrigerator,Range Hood,Dryer,Washer Fireplace: None Flooring: Wood -
Heating Source
Central Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 2026 Building Area Total: 10,176 Construction: Concrete,Stucco -
Exterior Features
Rain GuttersFoundation
Permanent,SlabSecurity Features
Fire Sprinkler System,Security Gate,Gated Community,24 Hour Security,Smoke Detector(s) -
Pool Features
NonePatio And Porch
Enclosed
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1435 Lot Size Dimensions: 50x125 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6250
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Listing Price Information
Original List Price: 5,990,000 Listing Contract Date: 2025-06-23 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 2241007006
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Garage and Parking
Garage Description: Controlled Entrance,Covered,Gated,Side By SideHomeowners Association
Association Amenities: Controlled Access
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Other Property Info
Source Listing Status: Active Source Neighborhood: VN - Van Nuys Postal Code Plus 4: 2206 Directions: Located in the heart of Van Nuys, the property is surrounded by new multifamily development and neighborhood amenities. The property offers convenient access to the 405 and 101 freeways, Van Nuys Boulevard, and the Orange Line, making it a highly accessible and in-demand rental location. The area continues to see growth and investment activity. Zoning: LAR3 Source Property Type: Residential Income Area: VN - Van Nuys -
Building and Construction
Property Age: 0 Year Built Source: Vendor Enhanced Total Square Feet Living: 10176 Entry Location: Ground Level w/steps Levels or Stories: Three Or More,Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 14643 Friar Street #6, Van Nuys, CA, 91411 | $1,375,000 | 8 | -- | 4,912 | 4,912 SqFt |
| 14629 Erwin Street, Van Nuys, CA, 91411 | $10,950,000 | 49 | -- | 24,115 | 24,115 SqFt |
| 14717 Victory Boulevard, Van Nuys, CA, 91411 | $1,250,000 | 3 | 2 | 1,166 | 1,166 SqFt |
| 14764 Sylvan Street, Van Nuys, CA, 91411 | $3,950,000 | 16 | -- | -- | |
| 14827 Victory Boulevard, Van Nuys, CA, 91411 | $4,650,000 | -- | -- | 14,279 | 14,279 SqFt |
| 5822 Saloma, Van Nuys, CA, 91411 | $1,399,000 | 4 | 4 | 2,000 | 2,000 SqFt |
| 15112 Domino, Van Nuys, CA, 91411 | $899,000 | 5 | 4 | 2,002 | 2,002 SqFt |
| 6649 Sepulveda Boulevard, Van Nuys, CA, 91411 | $2,995,000 | 24 | -- | 10,480 | 10,480 SqFt |
| 6250 Halbrent Avenue, Van Nuys, CA, 91411 | $769,890 | 3 | 1 | 1,027 | 1,027 SqFt |
| 6317 Orion, Van Nuys, CA, 91411 | $2,395,000 | 5 | 4 | 2,596 | 2,596 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 01:08
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