14728 Friar Street, Van Nuys, CA 91411

Local realty services provided by:ERA Excel Realty
14728 Friar Street,Van Nuys, CA 91411
$5,990,000
  • 22 Beds
  • 22 Baths
  • 10,176 sq. ft.
  • Multi-family
  • Active
Listed by: scott rosenberg
Office: kidder mathews of california, inc.
MLS#:25555149
Source:CRMLS

Price summary

  • Price:$5,990,000
  • Price per sq. ft.:$588.64

About this home

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,

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Home facts

  • Year built:2026
  • Listing ID #:25555149
  • Added:144 day(s) ago
  • Updated:November 15, 2025 at 03:20 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22
  • Living area:10,176 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:2026
  • Building area:10,176 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$5,990,000
  • Price per sq. ft.:$588.64
Based on information from California Regional Multiple Listing Service, Inc. as of November 15, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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