14728 Friar Street, Van Nuys, CA 91411

Van Nuys
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.310-807-0880
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:327 day(s) ago
  • Updated:May 17, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22
  • Flooring:Wood
  • Kitchen Description:Dishwasher, Microwave, Oven, Range Hood, Refrigerator
  • Living area:10,176 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:2026
  • Building area:10,176 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Concrete, Stucco
  • Exterior Features:Enclosed, RainGutters
  • Foundation Description:Permanent, Slab

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

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

Features and amenities

  • Appliances:Dishwasher, Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Loft room, Open Floor Plan, Rain Gutters, Recessed Lighting, Walk In Closets, Walk In Pantry

Parking

  • Total parking spaces:12
  • Parking description:Controlled Entrance, Covered, Gated, Side By Side
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