14118 Friar Street

Van Nuys, CA 91401

$1,395,000
Price
5
Beds
5,200 Sq. Ft.
$268 / Sq. Ft.
5,200
Sq. Ft.
$268
per Sq. Ft.

Description

RTI,
Ready to start construction for 6 units
Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915
Rents per Section 8: 2 BR 2 BA $3052
All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information
RTI,
Ready to start construction for 6 units

Existing 2 Br and 1 bath with approved plans for 6 units 4 Three Bedrooms 2 Bath and 2 Two bedrooms 2 Bath. Located in dense rental area. Rents per Section 8: 3BR 2 Ba $3915
Rents per Section 8: 2 BR 2 BA $3052

All information based on approved plan. Buyer and buyer agent to verify all information. sellers not responsible on accuracy of information
  1. Listed by Valodia Derdanielian • DRE #00973438 • Brokerage DRE #01144093 • Central Realty • 818-636-5015

Property Details for 14118 Friar Street

Parking Spaces Total
6
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5200
Assessor Parcel Number
2240-015-010
Property Attached YN
false

Location

Listing Courtesy of Central Realty, Valodia Derdanielian, DRE #00973438
Add your commute
LISTING UPDATED: 04/23/2024 06:57 AM

Property Details for 14118 Friar Street

StatusActive
MLS #SR24074637
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
CountyLos Angeles County

Location

Listing Courtesy of Central Realty, Valodia Derdanielian, DRE #00973438
Add your commute

Building Information for 14118 Friar Street

Building/Complex14118 Friar StFloor-Stories1Residences-Pet Policy-Year Built1925Building Size-

Payment Calculator

$7,801 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14118 Friar Street

Rental Info
Rental Info
  • Tenant Pays: None, All Utilities, Cable TV, Electricity, Gas, Sewer, Telephone, Trash Collection, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $261,168
  • Gross Scheduled Income: $261,168
  • Net Operating Income: $205,875
Expense Details
  • Operating Expense: $55,293
  • Fuel Expense: $0
  • Electric Expense: $3,600
  • Insurance Expense: $9,140
  • Professional Management Expense: $10,446
  • Trash Expense: $3,000
  • Water Sewer Expense: $3,600
  • Total Expenses: $19,340
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 1200
  • Tax Census Tract: 1282.10
  • CFD/Mello-Roos Fee: $188
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 4
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $187,920
  • Unit Type Total Rent: $187,920
  • Unit Type Pro Forma: 187920
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $73,248
  • Unit Type Total Rent: $73,248
  • Unit Type Pro Forma: 73248
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6

Property History for 14118 Friar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14118 Friar Street

Taxable ValueLand$60,273Additions$111,953Total$172,226
Tax Record2023$2,254 ($188 / month)
Home Facts
Beds2Total Finished SqFt952 SqFtAbove Grade Finished SqFt952 SqFtStories1Lot Size6,260 SqFtStyleSingle Family ResidenceYear Built1925ZoningLARD1.5CountyLOS ANGELESAPN2240-015-010

Schools near 14118 Friar Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Van Nuys Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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14118 Friar Street is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on April 15, 2024 by Central Realty, it's currently listed at $1,395,000. It has been on the market for a total of 20 days and was last sold on May 23, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Nuys Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14118 Friar Street is a 5-bed, 0-bath, 5,200 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Central Realty, Valodia Derdanielian, DRE #00973438

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.