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Multifamily

14643 Friar St

14643 Friar St, Los Angeles, CA 91411

Listing Price: $1,395,000

Cap Rate
4.42%
Number of Units
6
GRM
13.58
Price/Unit
$232,500
Price/Gross SF
$284.00
Gross SF
4,912

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 14643 Friar St, a Six-unit investment opportunity located in Van Nuys, CA 91411.

Investment Highlights

  • Laundry equipment is owned by Seller
  • Total of five (5) detached storage units in rear of property allowing additional income.
  • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
  • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
  • Proximity to major employment centers, retail amenities, and freeway access
  • Well-positioned asset in an infill submarket with limited new multifamily supply

Exclusively Listed By

Multifamily

14643 Friar St

Listing Price: $1,395,000

Cap Rate
4.42%
Number of Units
6
GRM
13.58
Price/Unit
$232,500
Price/Gross SF
$284.00
Gross SF
4,912

Investment Highlights

  • Laundry equipment is owned by Seller
  • Total of five (5) detached storage units in rear of property allowing additional income.
  • Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
  • Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
  • Proximity to major employment centers, retail amenities, and freeway access
  • Well-positioned asset in an infill submarket with limited new multifamily supply

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 14643 Friar St, a Six-unit investment opportunity located in Van Nuys, CA 91411.

Exclusively Listed By

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