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 beds: 22Bathroom Information
Total Baths: 22Flooring Information
Wood -
Interior Features
Open Floorplan, Recessed Lighting, Loft, Walk-In Pantry, Walk-In Closet(s)Appliances: Dishwasher, Microwave, Oven, Refrigerator, Range Hood, Dryer, WasherWindow Features: Double Pane Windows -
Heating & Cooling
Has Heating: Yes Heating: Central
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Building Information
Year Built: 2026Building Area Total: 10176Construction Materials: Concrete, StuccoPatio And Porch Features: EnclosedPool Features: NonePrivate Pool: NoView: City Lights, Courtyard -
Exterior Features
Exterior Features: Rain Gutters
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Lot Information
Lot Dimensions: 50x125 Main Square Feet: 6250 Lot Size Acres: 0.1435 Lot Size Square Feet: 6,250
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Listing Price Information
Listing Price: $5990000
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Tax Information
Parcel Number: 2241007006
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Virtual Tour
Parking Information
Parking Total: 12 Controlled Entrance, Covered, Gated, Side By SideHomeowners Association Information
Association Amenities: Controlled AccessCommunity Features: Gated
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Location Information
Direction: 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. Security Features: Fire Sprinkler System,Security Gate,Gated Community,24 Hour Security,Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 |
| 14762 Friar Street, Van Nuys, CA, 91411 | $1,750,000 | 10 | -- | 3,905 | 3,905 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 |
| 5837 Cedros, Van Nuys, CA, 91411 | $945,000 | 3 | 2 | 1,280 | 1,280 SqFt |
| 15035 Gilmore Street, Van Nuys, CA, 91411 | $849,000 | 4 | 2 | 1,390 | 1,390 SqFt |
| 15112 Domino, Van Nuys, CA, 91411 | $899,000 | 5 | 4 | 2,002 | 2,002 SqFt |
| 6716 N Royce Lane, Van Nuys, CA, 91411 | $899,000 | 4 | 4 | 1,908 | 1,908 SqFt |
| 6649 Sepulveda Boulevard, Van Nuys, CA, 91411 | $2,995,000 | 24 | -- | 10,480 | 10,480 SqFt |
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ByOwner last updated this listing 08/07/2026 @ 16:32
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