New Multifamily Property in Van
14728 Friar St, Van Nuys, CA 91411
New 12-unit multifamily property in Van Nuys Opportunity Zone.
Type:Multifamily
Property size:
10,176 SFPrice / SF:
$682/SF- Added:
- Nov 21, 2025
- Days on Market:
- 193
- Last Refresh:
- May 8 at 11:54 pm
Property Features for 14728 Friar St
General Information
- Standard status
- Active
- Size
- 10,176 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agent Alejandro Hinostroza License #CalDRE #01853793 (818) 606-0244
Listing office SVN | Rich Investment Real Estate Partners Los Angeles (818) 606-0244
Listing date Nov 21, 2025
Source Svn
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 SVN | Rich Investment Real Estate Partners Los Angeles
HighLights
- Located in an Opportunity Zone, offering potential for significant tax advantages.
- Newly developed multifamily property (built in 2025) with a desirable mix of one- and two‑bedroom apartments.
- Excellent accessibility due to its proximity to the 405 Freeway and major thoroughfares.
- Strong rental market fundamentals with low vacancy rates and rising rents.
- Convenient location near Van Nuys High School, local retail, shops, and restaurants along Victory Boulevard, with a Walk Score of 79 ('Very Walkable').
- Close proximity to notable landmarks such as Van Nuys Airport and Van Nuys Golf Course.
Overview
This newly developed multifamily property is located at 14728 Friar St., Van Nuys, CA 91411. The property is situated in an Opportunity Zone and comprises twelve units: two one-bedroom apartments and ten two-bedroom apartments. Ten units are designated as market-rate, while two are for low-income residents. The property is located west of the intersection of Friar Street and Cedros Avenue, one block south of Victory Boulevard, providing convenient access to the 405 Freeway, Van Nuys Airport, and major thoroughfares of the San Fernando Valley, including Sepulveda Boulevard, Victory Boulevard, Oxnard Street, and Sherman Way. Van Nuys High School and various retail shops and restaurants along Victory Boulevard are within a ten-minute walk. The property's location within an Opportunity Zone may present a compelling investment opportunity for Qualified Opportunity Funds and 1031 Exchange buyers, potentially allowing for the elimination of capital gains accrued from the date of purchase if held for over ten years. Van Nuys is located in the San Fernando Valley region of Los Angeles County, bordering Sherman Oaks, North Hollywood, North Hills, Panorama City, Valley Glen, Lake Balboa, and Northridge. The area is experiencing new multifamily development, making it an attractive location for residents and developers. Notable landmarks in Van Nuys include the Van Nuys Airport, Van Nuys Golf Course, the Civic Center, the Anheuser-Busch Brewery, and Valley Presbyterian Hospital. The property has a Walk Score of 79, indicating it is "Very Walkable."
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Van Nuys
- County
- Los Angeles
- State
- California
- Longitude
- -118.454
- Latitude
- 34.1855
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - New 12-unit multifamily property in Van Nuys Opportunity Zone.
Where is this apartment building located?
The property is located at 14728 Friar St Van Nuys, CA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Located in an Opportunity Zone, offering potential for significant tax advantages.; Newly developed multifamily property (built in 2025) with a desirable mix of one- and two‑bedroom apartments.; Excellent accessibility due to its proximity to the 405 Freeway and major thoroughfares.
