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10-Bedroom ResidentialIncome — 14762 Friar Street, Van Nuys, CA

$1,750,000

14762 Friar Street, Van Nuys, CA

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About this property

Rare opportunity to purchase a newer-construction (2007) 4-unit apartment building in a prime Van Nuys location. This turnkey investment offers spacious units with contemporary layouts, high ceilings, central heating and air conditioning, private outdoor space, quality finishes, and on-site parking. Built after the City's 1978 rent control cutoff, the property is generally exempt from the Los Angeles Rent Stabilization Ordinance (buyer to independently verify). Ideally situated near employment centers, shopping, restaurants, and major transportation corridors, this asset presents an outstanding opportunity for stable cash flow with continued rental growth potential. Do not disturb tenants.

Property details

Bedrooms
10
Bathrooms
8
Square feet
3,905
Year built
2007
Property type
ResidentialIncome

Location

14762 Friar Street • Van Nuys, CA 91411

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Listed by

Daniel Baird · Sperry Van Ness