14728 Friar Street, Van Nuys (los Angeles), CA 91411
14728 Friar Street, Van Nuys (los Angeles), CA 91411
14728 Friar Street, Van Nuys (los Angeles), CA 91411
22
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$5,990,000
Est. payment /mo
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10,176 SqFt
Active

14728 Friar Street Van Nuys (los Angeles), CA 91411

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,176 sqft

Price per Sqft $588

MLS Listing ID CL25555149

HOA Y/N No

Year Built 2026

Lot Size 6,250 Sqft

Acres 0.1435

Property Sub-Type Other

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

Zoning LAR3

Interior

Heating Other

Flooring Wood

Fireplace No

Appliance Dryer

Laundry Dryer, Washer

Exterior

View Y/N true

View City Lights, Other

Building

Water Other

New Construction No

Others

Tax ID 2241007006

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Scott Rosenberg • Kidder Mathews of California, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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14728 Friar Street

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