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
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