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14728 Friar Street, Van Nuys, CA 91411

Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
14728 Friar Street,Van Nuys, CA 91411
$5,990,000
  • 22 Beds
  • 22 Baths
  • 10,176 sq. ft.
  • Multi-family
  • Active
Listed by: scott rosenberg
Office: kidder mathews of california, inc.
MLS#:25555149
Source:CRMLS

Price summary

  • Price:$5,990,000
  • Price per sq. ft.:$588.64

About this home

Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth,

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Home facts

  • Year built:2026
  • Listing ID #:25555149
  • Added:220 day(s) ago
  • Updated:January 25, 2026 at 11:50 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:22
  • Living area:10,176 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:2026
  • Building area:10,176 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$5,990,000
  • Price per sq. ft.:$588.64
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Select Real Estate, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Select Real Estate, Inc., a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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