Skip To Content

    14768 Friar Street

    Van Nuys, CA 91411
    • $988,000
    • STATUS: Active
    • ON SITE: 170 days
    • ID#: SR20229833
    UPDATED: 229 min ago
    $988,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,550
      SQFT
    • $217
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    BOM - escrow cancelled (No fault of seller's). Investors and Developers! Van Nuys - LAR3 zoned, you can build 6+ units. Existing home with a separate detached garage has been converted into living space. Seller has pre-approved plans to build two additional units of 1477sf & 1555sf. Plans include expanding existing home to approx 1450 sf for a (total of three units, over approx 4500 sf total living space). Once two additional units are built, you could rent them all for $11,500 - $12,000 per month. This home is Sherman Oaks-adjacent, in a strategic part of the city close to public transportation, freeways, government buildings, and public services. All Buyers and Agents to do their own research and due diligence.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/111510142
    Print Image

    14768 Friar Street Van Nuys, CA 91411

    • Price: $988,000
    • Status: Active
    • Updated: 229 min ago
    • ID#: SR20229833
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,550
    SQFT
    $217
    $/SQFT
    1929
    Built
    Neighborhood:
    VN - Van Nuys
    County:
    Los Angeles
    Area:
    VN - Van Nuys
    Property Description
    BOM - escrow cancelled (No fault of seller's). Investors and Developers! Van Nuys - LAR3 zoned, you can build 6+ units. Existing home with a separate detached garage has been converted into living space. Seller has pre-approved plans to build two additional units of 1477sf & 1555sf. Plans include expanding existing home to approx 1450 sf for a (total of three units, over approx 4500 sf total living space). Once two additional units are built, you could rent them all for $11,500 - $12,000 per month. This home is Sherman Oaks-adjacent, in a strategic part of the city close to public transportation, freeways, government buildings, and public services. All Buyers and Agents to do their own research and due diligence.
    Exterior Features

    Construction Materials Stucco Lot Features Street Level Number Of Separate Electric Meters 3 Parking Features ConcreteDriveway Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

    Interior Features

    Common Walls 2+ Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Flooring Wood Interior Features All Bedrooms Down

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 144000 Gross Scheduled Income 144000 Insurance Expense 3000 Land Lease YN No Laundry Features See Remarks Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventionalSubmit Net Operating Income 120000 New Construction YN No New Taxes Expense 21000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 24000 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning Lar3

    Listing provided courtesy of David Alexander of Keller Williams North Valley


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936591-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936591-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364936591-1.jpg
    Logo
    Team Forss Realty Group
    31213 Temecula Parkway
    Temecula CA, 92592