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14161 Friar Street

Van Nuys, CA 91401

– beds
– baths
– sqft
7,502 sqft lot
2025 build
– on site

We are proud to present a compelling investment opportunity to acquire a 6-unit Multifamily Property in the High Demand Van Nuys Market within Los Angeles’s San Fernando Valley. Strategically positioned bordering the highly sought-after Valley Glen area, 14161 Friar Street offers investors a foothold in a location with significant rental upside. Situated just south of the major thoroughfare of Victory Boulevard and west of Hazeltine Avenue, the property benefits from excellent access to a wide array of amenities, transportation options, and the ongoing growth and revitalization of the surrounding Van Nuys and Valley Glen areas. This offering represents a unique chance to acquire a well-located asset with significant potential in a thriving Los Angeles submarket. Presenting a unique blend of classic charm and contemporary style, the meticulously built two-story property offers a desirable unit mix of four one-bedroom/one-bathroom and two spacious three-bedroom/ two-bathroom residences. Showcasing a mix of extensive renovation and new construction, the unit interiors feature central AC and new technology heating, and wood flooring. Kitchens are equipped with modern appliances, stylish tile backsplashes, quartz counters, and storage. Additional features include recessed lighting, base moldings, ample natural lighting, new bathroom vanities, new tubs/showers, and new windows. Select units offer private balconies. The property’s exterior has also undergone significant improvements, including newly paved asphalt for ample on-site parking, well-maintained low-maintenance landscaping, and fresh exterior paint. Practical updates include new gutters for effective rainwater management and new utility meters. The pitched composite roofing adds durability and a clean, updated look to the building’s profile. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.

Listed By CRMLS_CA / Eric Chen / CB RICHARD ELLIS / 626-757-5717

Last checked: Checking… • Last updated Apr 25, 2025 •

MLS# CV25090848 —

The Building

Year Built:

2025
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4549.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

2
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Levels:

Two
Entry Location:

1
Laundry:

Dryer Included, Stackable, Washer Included
Laundry:

1

Location

Directions:

Merge onto CA-170 N/Hollywood Fwy, Take exit 7 for Burbank Blvd, Use any lane to turn left onto Burbank Blvd, Turn right onto Hazeltine Ave, Turn left onto Friar St
Latitude:

34.18596300
Longitude:

-118.44218200

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD1.5
Lot Features:

6-10 Units/Acre
Lot Size Area:

7502.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7502.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

4
Tax Census Tract:

1282.10
Tax Tract:

1200
Tax Lot:

18

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2240014025

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

6.00
Uncovered Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/24/25 Apr 24, 2025	Listed / Active	CRMLS_CA	$2,385,000	152.4% (41.6% / YR)
8/27/21 Aug 27, 2021		BRIDGE	$945,000	-14.1%
8/8/21 Aug 8, 2021		CRMLS_CA	$1,100,000

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This multifamily located in South Valley, Los Angeles, CA 91401 is currently for sale for $2,385,000. 14161 Friar Street is a – square foot multifamily with – beds and – baths that has been on Estately for 27 days. 14161 Friar Street is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 82, making it very walkable.

Listing Courtesy of: CRMLS_CA and CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of 05:26 on May 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.