14728 Friar Street

14728 Friar Street

Van Nuys, CA 91411

$1
Price
6,250 / 0.14
Lot Size / Acres
a front view of house with yard and green space
a front view of a house with balcony
a front view of a house
a view of city

Description

Opportunity zone buyers only! NOT a distressed property and will NOT be sold for $1 (listing considered unpriced). Contact broker for serious enquiries only. Proud to present this OPPORTUNITY ZONE multifamily development property located on 14728 Friar St., Van Nuys, CA 91411. The site is in mid-construction entitled with a unit mix of 2 one bedrooms and 10 two bedrooms (10 market rate and 2 low income). Units average around 950 SF. Property is located just west of the intersection o Friar Street...Opportunity zone buyers only! NOT a distressed property and will NOT be sold for $1 (listing considered unpriced). Contact broker for serious enquiries only. Proud to present this OPPORTUNITY ZONE multifamily development property located on 14728 Friar St., Van Nuys, CA 91411. The site is in mid-construction entitled with a unit mix of 2 one bedrooms and 10 two bedrooms (10 market rate and 2 low income). Units average around 950 SF. Property is located just west of the intersection o Friar Street and Cedros Avenue, 1 block south o Victory Boulevard. It is in close proximity to the 405 Freeway, Van Nuys Airport, Gol course, Wildlife Reserve and major thoroughfares to the San Fernando Valley including Sepulveda Blvd., Victory Blvd., Oxnard St. and Sherman Way. The subject property is less than a 10 minute walk to Van Nuys High School and local retail, shops and restaurants on Victory Blvd. MOST NOTABLE BENEFIT: This property is located in an Opportunity Zone! Qualified Opportunity Funds (QOF) and 1031 Exchange Buyers expect to be able to take advantage of unique tax benefits if held for more than ten years. Investors may eliminate all capital gains accrued with the Ozone property from the day of purchase! All buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants. Our team can refer O- Zone specialists, if needed.
  1. Listed by Daniel Baird • DRE #01249675 • Brokerage DRE #01249675 • Sperry Van Ness

Property Details for 14728 Friar Street

Water Front
None
Zoning
LAR3
Parcel Number
2241007006
Area
East Van Nuys
Lot Size Area
6250
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
2241-007-006
Directions
From Ventura Blvd, head north on Kester. Turn right on Friar (right before hitting Victory Blvd).

Location

Listing Courtesy of Sperry Van Ness, Daniel Baird, DRE #01249675
Add your commute
LISTING UPDATED: 03/28/2024 10:03 AM

Property Details for 14728 Friar Street

StatusActive
MLS #24-354247
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Location

Listing Courtesy of Sperry Van Ness, Daniel Baird, DRE #01249675
Add your commute

Building Information for 14728 Friar Street

Lot Size0.14 AC

Payment Calculator

$583 per month

30 year fixed, 7.25% Interest

Principal and Interest

$0

Property Taxes

$583

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14728 Friar Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Limited Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1435
  • Lot Size Square Feet: 6250
  • Lot Size Dimensions: 50x125
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 02-01-2024

Property History for 14728 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 14728 Friar Street

Taxable ValueLand$333,222Additions$222,848Total$556,070
Tax Record2023$6,990 ($583 / month)
Home Facts
Beds3Total Finished SqFt1,384 SqFtAbove Grade Finished SqFt1,384 SqFtStories1Lot Size6,250 SqFtStyleSingle Family ResidenceYear Built1926ZoningLAR3CountyLOS ANGELESAPN2241-007-006

Schools near 14728 Friar Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Sylvan Park Elementary School
Public - K to 5
Van Nuys Middle School
Public - 6 to 8
Van Nuys Senior High School
Public - 9 to 12
Will Rogers Continuation School
Public - 9 to 12
Rating
School
Distance
Sylvan Park Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Will Rogers Continuation School
Public9 to 12

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.

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More information about 14728 Friar Street, Van Nuys, CA 91411

14728 Friar Street is a 0.14 ac of land for sale in Van Nuys, CA 91411. This property was listed for sale on February 1, 2024 by Sperry Van Ness, it's currently listed at $1. It has been on the market for a total of 92 days and was last sold on October 11, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Sylvan Park Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14728 Friar Street is a 0-bed, 0-bath, 0.14 ac of land on a 6,250 sq. ft. / 0.14 acres lot.

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 Sperry Van Ness, Daniel Baird, DRE #01249675

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.