Search
14201 Friar St, Van Nuys, CA 91401
Image 2 for 14201 Friar St, Van Nuys, CA 91401
Image 3 for 14201 Friar St, Van Nuys, CA 91401
View Photos

14201 Friar St Van Nuys, CA 91401

$1,269,000
  • 6 Beds
  • 3 Baths
  • 2,101 Sq.Ft.
For Sale
$1,269,000 Get Pre-Qualified
Map preview of 14201 Friar St, Van Nuys, CA 91401

Property Overview: 14201 Friar St Van Nuys, CA has 6 bedrooms, 3 bathrooms, 2,101 living square feet and 7,502 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: Introducing an unparalleled investment opportunity: a strategically positioned triplex in a high-demand area, zoned LARD 1.5, ripe for immediate income and extensive future development. This property represents a rare find for investors looking to capitalize on both current rental income and expansive growth potential.Property Features:Diverse Unit Composition: The heart of this investment is the middle unit, a beautifully remodeled one-bedroom, one-bathroom sanctuary, complete with an in-unit washer and dryer for utmost convenience. This unit's modern finishes and thoughtful upgrades set the standard for comfort and style within the property.Ample Parking: A standout feature is the extensive parking availability, a coveted amenity in urban living, ensuring ease and accessibility for tenants and visitors alike.Expansion Potential: With LARD 1.5 zoning, this property doesn't just offer a solid income stream; it presents vast opportunities for development. The unique potential to expand up to 8 units, especially by adding a second story to the existing two-bedroom unit, catapults this investment into a realm of significant growth prospects.Situated in a neighborhood renowned for its strong rental market, this triplex not only generates stable income but also stands as a beacon for development possibilities. The existing structure serves as a foundation for a visionary investor to reshape, expand, and maximize the site's full potential, aligning with the area's growing demand for residential units.Whether you're drawn to the immediate income possibilities or the enticing prospect of developing additional units, this triplex offers a compelling blend of profitability and potential. It's an investment poised for growth, ready to meet the needs of the market today and tomorrow.Don't miss this rare opportunity to own a piece of strategic real estate with both current appeal and future promise. Schedule a showing to explore the possibilities firsthand and envision the future you can build with this exceptional investment property. Seller is motivated so bring your best offer before its too late.

Listed by Mihal Schapiro | BRE #01933587 | Coldwell Banker Realty
Co-listed by Nicole Singer | BRE #01804289 | Coldwell Banker Realty
Last checked: 35 seconds ago | Last updated: May 6th, 2024 | Source CRMLS | DOM: 37
Get a $3,807 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,807 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,502
HOA Dues
$0/mo
Year built
1940
Garage
1 Car
Property Type:
Multi Family
Status
Active
MLS#
24378377
City
Van Nuys
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $11,224
  • Gross Operating Income: $51,803
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 14201 Friar St

No upcoming open houses

Schedule Tour

Property Details for 14201 Friar St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Outside
Kitchen Information
  • Has Appliances
  • Refrigerator, Oven, Gas Cooktop
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 2240013012
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Friar St one block south of Victory Blvd, and between Van Nuys Blvd and Hazeltine Ave.
View more facts & features

Local Van Nuys Agent

Sale History for 14201 Friar St

Last sold for $950,000 on September 9th, 2021

  • April, 2024

  • Apr 9, 2024

    Date

    Canceled

    CRMLS: 24358043

    $1,391,000

    Price

  • Feb 28, 2024

    Date

    Active

    CRMLS: 24358043

    $1,391,000

    Price

  • Listing provided courtesy of CRMLS

    Great Triplex Investment Opportunity!!! Zoned LARD1.5. This zoning allows great opportunity for expansion and number of units. Front unit is 2 Bed + 1 Bath, plus Bonus Room which may be used as an additional Bedroom; beautifully remodeled middle unit is 1 Bed + 1 Bath; rear unit is 2 Bed + 1 Bath; Laundry Room; Two 1 Car Detached Garage, and many parking spaces in the long driveway. Centrally located with easy access to commute. Call for details.

  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: 24378377

    $1,291,000

    Price

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: SR22148762

    $999,000

    Price

  • Jul 7, 2022

    Date

    Active

    CRMLS: SR22148762

    $1,360,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing opportunity! 1031 exchange or investor that is looking for his next opportunity! Currently a beautiful Triplex with the opportunity to easily turn it into a 10 unit complex! Current combination is 3+1 , 2+1, 1+1! Currently one unit is occupied with a tenant that pays $3000 per month and two vacant units! Zoning is RD1.5-1 plenty of parking space that makes it easy once all units are done and rented out! Property is virtually staged.

  • September, 2021

  • Sep 9, 2021

    Date

    Sold

    CRMLS: SR21156716

    $950,000

    Price

  • Jul 27, 2021

    Date

    Pending

    CRMLS: SR21156716

    $900,000

    Price

  • Jul 17, 2021

    Date

    Active

    CRMLS: SR21156716

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Great Triplex Investment Opportunity, Zoned LARD1.5. Front unit is 2 Bed + 1 Bath, plus Bonus Room which may be used as an additional Bedroom; middle unit is 1 Bed + 1 Bath; rear unit is 2 Bed + 1 Bath; Laundry Room; Two 1 Car Detached Garage, and many parking spaces in the long driveway. The units have many recent upgrades, such as newer composition shingle roof, newer double pane windows, newer laminate wood flooring, all three units have wall A/C in all bedrooms and living rooms, kitchen granite counter tops, kitchen hood, ceiling fans, all 3 units have separate dining rooms, all units have tile floors in the kitchen and bathrooms.

Show More

Tax History for 14201 Friar St

Assessed Value (2020): $310,602
Year Land Value Improved Value Assessed Value
2020 $227,600 $83,002 $310,602

Home Value Compared to the Market

This property vs the competition

14201 Friar St is listed 44.37% higher than the median list price for the city of Van Nuys which has a median list price of $879,000. The median price per/sqft for Van Nuys is $566 and this home is listed at $604 per/sqft which puts the price per square foot 6.71% higher than the median price per square foot for the city of Van Nuys.

About 14201 Friar St

Detailed summary of property

14201 Friar St is a multi family located in Van Nuys, CA 91401 and is currently for sale. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 2,101 living square feet, and sits on an approximately 7,502 square foot lot. 14201 Friar St was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $1,269,000 and was originally asking $1,291,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 44.37% higher than the median priced home. Local competing homes currently for sale include 2026 Federal Ave, 6091 Harold Way and 6064 Horner St. While the average home in Van Nuys, CA is selling in 59 days, 14201 Friar St has a days on market of 37 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 14201 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 14201 Friar St

Public county record property details
Beds
4
Baths
3
Year built
1940
Sq. Ft.
2,101
Lot Size
7,499
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
2240-013-012

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
$970,000
Median Sold Price/Sq.Ft.
$588
Total Inventory
69
Median Sale to List Price %
117.01%
Avg Days on Market
25
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (25%), Other (37.5%)

Tour This Home

Buy with Ardent Real Estate Group and save $3,807.

Image Description
Contact Jon
Van Nuys Agent
Call, Text or Message
(714) 706-1823
Get a $3,807 Cash Reward New

Buy this home with Ardent Real Estate Group and get $3,807 back.

Call/Text (714) 706-1823

Homes for Sale Near 14201 Friar St

Nearby Homes for Sale

3456 Oak Glen Dr, Los Angeles, CA 90068
$1,359,000
3 Beds
3 Baths
1919 Sq.Ft.
3456 Oak Glen Dr
Los Angeles, CA 90068
3143 Hollycrest Dr, Los Angeles, CA 90068
$1,500,000
4 Beds
4 Baths
2998 Sq.Ft.
3143 Hollycrest Dr
Los Angeles, CA 90068
2912 Park Center Dr, Los Angeles, CA 90068
$1,295,000
6 Beds
4 Baths
2437 Sq.Ft.
2912 Park Center Dr
Los Angeles, CA 90068
2118 N Woodland Way, Los Angeles, CA 90068
$1,250,000
3 Beds
2 Baths
1718 Sq.Ft.
2118 N Woodland Way
Los Angeles, CA 90068
6845 Alta Loma, Los Angeles, CA 90068
$1,199,990
3 Beds
2 Baths
1428 Sq.Ft.
6845 Alta Loma
Los Angeles, CA 90068
951 N Martel Ave, Los Angeles, CA 90046
$1,389,000
4 Beds
2 Baths
2058 Sq.Ft.
951 N Martel Ave
Los Angeles, CA 90046
1301 N Orange Dr, Los Angeles, CA 90028
$1,395,000
5 Beds
3 Baths
2623 Sq.Ft.
1301 N Orange Dr
Los Angeles, CA 90028
847 N Cherokee Ave, Los Angeles, CA 90038
$1,350,000
2 Beds
2 Baths
1412 Sq.Ft.
847 N Cherokee Ave
Los Angeles, CA 90038

Recently Sold Homes Near 14201 Friar St

14217 Vanowen St, Los Angeles, CA 91405
$1,300,000 Last Sold Price
10 Beds
6 Baths
4790 Sq.Ft.
14217 Vanowen St
Los Angeles, CA 91405
14019 Vanowen St, Los Angeles, CA 91405
$2,690,000 Last Sold Price
16 Beds
14 Baths
-- Sq.Ft.
14019 Vanowen St
Los Angeles, CA 91405
13562 Vanowen St, Los Angeles, CA 91405
$4,320,000 Last Sold Price
35 Beds
30 Baths
18760 Sq.Ft.
13562 Vanowen St
Los Angeles, CA 91405
13238 Vanowen St, Los Angeles, CA 91605
$1,575,000 Last Sold Price
14 Beds
8 Baths
-- Sq.Ft.
13238 Vanowen St
Los Angeles, CA 91605

Related Resources to 14201 Friar St

New Listings in 91401
Popular Zip Codes
Popular Cities
Other Van Nuys Resources

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.

Call