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14118 Friar St, Van Nuys, CA 91401
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14118 Friar St Van Nuys, CA 91401

$1,395,000
  • 16 Beds
  • 0 Baths
  • 5,200 Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified
Map preview of 14118 Friar St, Van Nuys, CA 91401

Property Overview: 14118 Friar St Van Nuys, CA has 16 bedrooms, -- bathrooms, 5,200 living square feet and 6,233 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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

Listed by Valodia Derdanielian | BRE #00973438 | Central Realty
Last checked: 1 minute ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 4
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Home details

Lot Sq. Ft
6,233
HOA Dues
$0/mo
Year built
1925
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
SR24074637
City
Van Nuys
County
Los Angeles
Time on Site
4 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 3
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 0
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $187,920
  • Total Rent: $187,920
  • Pro Forma/Market Rent: $187,920
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $73,248
  • Total Rent: $73,248
  • Pro Forma/Market Rent: $73,248
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $261,168
  • Net Operating Income: $205,875
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $55,293
  • Electric: $3,600
  • Gas/Fuel: $0
  • Trash: $3,000
  • Insurance: $9,140
  • Professional Management: $10,446
  • Water/Sewer: $3,600

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Property Details for 14118 Friar St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 2240015010
  • Year Built Source: See Remarks
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Victory Blvd. West of hazeltine Ave.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Van Nuys Agent

Sale History for 14118 Friar St

Last sold for $650,000 on May 23rd, 2023

  • April, 2024

  • Apr 15, 2024

    Date

    Active

    CRMLS: SR24074637

    $1,395,000

    Price

  • May, 2023

  • May 23, 2023

    Date

    Sold

    CRMLS: SR23035239

    $650,000

    Price

  • Mar 3, 2023

    Date

    Active

    CRMLS: SR23035239

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    RD1.5.Excellent development opportunity, zoned RD1.5. Whether you're looking to build a rental property or create a multi-generational living situation, this parcel offers the flexibility and potential for a range of housing options. Situated on a large lot in a desirable residential area, this property is ideally located with easy access to transportation, shopping and dining. Don't miss out on this chance to turn your vision into a reality!

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Tax History for 14118 Friar St

Assessed Value (2020): $163,843
Year Land Value Improved Value Assessed Value
2020 $57,340 $106,503 $163,843

Home Value Compared to the Market

This property vs the competition

14118 Friar St is listed 55.02% higher than the median list price for the city of Van Nuys which has a median list price of $899,900. The median price per/sqft for Van Nuys is $548 and this home is listed at $268.27 per/sqft which puts the price per square foot 51.05% lower than the median price per square foot for the city of Van Nuys.

About 14118 Friar St

Detailed summary of property

14118 Friar St is a apartment located in Van Nuys, CA 91401 and is currently for sale. This apartment offers 16 bedrooms, -- bathrooms, roughly 5,200 living square feet, and sits on an approximately 6,233 square foot lot. 14118 Friar St was first listed on ArdentRealEstateGroup.com on April 15, 2024. The homeowner is currently asking $1,390,000-$1,395,000 and was originally asking $1,395,000. The median priced home in Van Nuys is $899,900 with a median price per square foot of $548. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 55.02% higher than the median priced home. Local competing homes currently for sale include 6091 Harold Way, 1451 S Holt Ave and 2026 Federal Ave. While the average home in Van Nuys, CA is selling in 60 days, 14118 Friar St has a days on market of 4 days. There are currently 89 homes for sale in the Van Nuys real estate market and 67 of them are single family homes while 15 of them are condos and 7 are townhomes. For more information on this home for sale at 14118 Friar St Van Nuys, CA 91401 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 14118 Friar St

Public county record property details
Beds
2
Baths
1
Year built
1925
Sq. Ft.
952
Lot Size
6,260
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
2240-015-010

The source for these homes facts are from public records.

91401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,250,000
Median List Price/Sq.Ft.
$651
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$655
Total Inventory
61
Median Sale to List Price %
94.25%
Avg Days on Market
22
Loan Type
Conventional (29.41%), FHA (0%), VA (0%), Cash (17.65%), Other (5.88%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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