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    Van Nuys Office Building Title is generated by Realmo AI

    14554 Friar St, Los Angeles, CA 91411

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    For Sale
    $2,000,000

    6,112 SF office building in a high-demand location.

    Type:Commercial
    Property size:
    6,112 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $327/SF
    Added:
    Mar 10, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 2 at 8:19 pm

    Property Features for 14554 Friar St

    General Information

    Standard status
    Active
    Size
    6,112 SF
    Lot size
    0.16 Acres
    Property subtype
    Commercial

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    Mechael Adzhemyan
    Mechael Adzhemyan

    Listing office JohnHart Real Estate

    Listing date Mar 10, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of JohnHart Real Estate

    HighLights

    • Delivered vacant and ready for immediate use or customization.
    • Generous 6,112 square foot office building size.
    • Prime location near Van Nuys Civic Center and major transit routes.
    • Excellent visibility and accessibility in a dense, high‑demand market.
    • Functional layout ideal for various commercial uses (professional offices, medical, creative workspaces).
    • Zoning supports a range of possibilities for owner‑users or investors.

    Overview

    The property at 14554 Friar Street in Van Nuys is a 6,112 square foot office building on a 7,003 square foot lot. Delivered vacant, the building is ready for immediate use or customization. Its location is near the Van Nuys Civic Center and major transit routes, providing visibility and accessibility in a dense, high-demand market. The functional layout is suited for professional offices, medical or dental practices, creative workspaces, or other commercial uses. The zoning supports a range of possibilities for owner-users or investors. This property is located in the heart of the San Fernando Valley.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $237.6k $38.88
    − Vacancy −$44.2k −$7.23
    EGI $193.4k $31.65
    − OpEx −$48.4k −$7.91
    NOI $145.1k $23.74
    6,112 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.07M
    $1.81M – $2.42M (±1% cap)
    NOI $145,076 @ 7.0% cap · market cap 7.25%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $123.83M
    $108.35M – $144.46M (±1% cap)
    NOI $8,667,782 @ 7.0% cap · market cap 433.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Bar & Pub Hotel & Motel Skin Care Clinic Pet Store Food Market Pet Store & Service Storage Facility (Bike/Boat/Book/etc) Store Pet Grooming Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.451
    Latitude
    34.1855

    FAQs

    What type of property is this?
    Office building - 6,112 SF office building in a high-demand location.
    Where is this office building located?
    The property is located at 14554 Friar St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Delivered vacant and ready for immediate use or customization.; Generous 6,112 square foot office building size.; Prime location near Van Nuys Civic Center and major transit routes.
    More about this property
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