14649 Friar Street Van Nuys, CA ^$ 1,299,000

14649 Friar Street

^$ 1,299,000

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14649 Friar Street

Van Nuys, CA, 91411

^$ 1,299,000

Bedrooms6 Baths5.0 Sq 3,290

Monthly Estimate*

^$ 9,074

Listed by Precise Real Estate Investments

14649 Friar Street, Van Nuys, CA 91411 - Image 1

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14649 Friar Street, Van Nuys, CA 91411 - Image 7

14649 Friar Street, Van Nuys, CA 91411 - Image 8

14649 Friar Street, Van Nuys, CA 91411 - Image 9

14649 Friar Street, Van Nuys, CA 91411 - Image 10

14649 Friar Street, Van Nuys, CA 91411 - Image 11

14649 Friar Street, Van Nuys, CA 91411 - Image 12

14649 Friar Street, Van Nuys, CA 91411 - Image 13

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14649 Friar Street, Van Nuys, CA 91411 - Image 16

14649 Friar Street, Van Nuys, CA 91411 - Image 17

14649 Friar Street, Van Nuys, CA 91411 - Image 18

Multi-Family Home for sale in Van Nuys, CA

for $1,299,000 with 6 bedrooms and 5 full baths. This 3,290 square foot home was built in 1920 on a lot size of 0.1551.

HUGE PRICE REDUCTION. 2 UNITS MAY BE DELIVERED VACANT. A golden opportunity to convert a storage unit into an ADU for additional income. The subject property consist of a detached single family house in the front with a detached two story building in the rear of the lot with a total of 4 units plus an approved storage room, which is part of the rear structure. This is a perfect opportunity to convert the storage room to a residential unit, possibly as an ADU, thus adding an additional unit. The front house is built in 1920 and the second building was built in 2005 (not subject to rent control). Contact the listing broker for additional information or questions. Submit your offer subject to an interior inspection. Great opportunity to create an additional unit or rent the storage room as is for an additional monthly income. Please do not disturb the residents, drive by only. See Supplemental Information of building permits.

Multi-Family Active

Price

^$ 1,299,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1551

Year Built

1920

Town/City

Van Nuys

County/Region

Los Angeles

MLS | Web ID

GD24048435

Days on Market

Features

General

Sewer PublicSewer

Cooling CentralAir Gas WallWindowUnits

Utilities CableAvailable ElectricityConnected NaturalGasConnected

Possession CloseOfEscrow

Zoning LAR3

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1920

Tenant Pays CableTV Electricity Gas

Stories 1

Levels One Two

Property SubType Quadruplex

Gross Income 700.0

Community Features Sidewalks

County Los Angeles

Net Operating Income 28500.0

Operating Expense 12500.0

Insurance Expense 2000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions West of Van Nuys Blvd and East of Kester Avenue

City Van Nuys

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area VN - Van Nuys

Lot Size Square Feet 6755.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 4

Street Name Friar

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 500.0

Home Warranty Y/N N

Current Financing Conventional

Fuel Expense 1200.0

Trash Expense 3600.0

Water Sewer Expense 5200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 27

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 15

Total Actual Rent 6932.0

Property Sub Type Additional Quadruplex

Cap Rate 3.6

Interior

Flooring Carpet Laminate

Fireplace Features None

Total Stories 2

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing Block ChainLink Wood

Parking Features Paved

Lot Features Item25UnitsAcre RectangularLot StreetLevel

Water Source Public

Total Parking 0.0

Lot Size Area 6755.0

Number of Buildings 2

Spa N

Building Area Total 3290.0

Lot Size Acres 0.1551

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 14649

* Excluded Features

List By

Precise Real Estate Investments

Broker

(818) 445-8938

Phone

Affordability Calculator

$9,074

Per Month

Monthly Principal & Interest: $9,074
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Van Nuys, CA

Average List Price ^$2,962,894

Percent of Sale Price 128%

About Van Nuys, CA

172,355 Population

0% Since 2002

^$0 Median Income

0 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/6/2024	$1,299,000	-7.15%	Price Down
3/16/2024	$1,399,000	-0.07%	Price Down
3/10/2024	$1,400,000		Listed Price

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14649 Friar Street, Van Nuys, CA, 91411 is a Multi-Family Home for sale at $1,299,000 with 3,290 sqft and a lot size of 0.1551. 14649 Friar Street has 6 bedrooms, 5.0 baths, and was built in 1920. The property's zip code is 91411 which is in Van Nuys, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. 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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14649 Friar Street

Multi-Family Home for sale in Van Nuys, CA

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