14146 Friar Street

Van Nuys, CA 91401

$945,000
Price
5
Beds
3
Baths
1,960 Sq. Ft.
$482 / Sq. Ft.
1,960
Sq. Ft.
$482
per Sq. Ft.

Description

14146 Friar Street is a triplex constructed in 1942. Situated in the city of Van Nuys, the property consists of (2) Two-Bedroom/One-Bath units and (1) Three-Bedroom/One-Bath unit. The triplex is located between Friar Street and Sylvan Street. With rents well below market rate and the potential to add an ADU in the freestanding garage at the rear of the property, 14146 Friar Street presents an incredible investment opportunity for a savvy owner.14146 Friar Street is a triplex constructed in 1942. Situated in the city of Van Nuys, the property consists of (2) Two-Bedroom/One-Bath units and (1) Three-Bedroom/One-Bath unit. The triplex is located between Friar Street and Sylvan Street. With rents well below market rate and the potential to add an ADU in the freestanding garage at the rear of the property, 14146 Friar Street presents an incredible investment opportunity for a savvy owner.
  1. Listed by Brent Sprenkle • DRE #01290116 • Brokerage DRE #01858487 • NorthMarq Realty Services, Inc • 213-248-7047

Property Details for 14146 Friar Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1960
Assessor Parcel Number
2240-015-004
Property Attached YN
true
LISTING UPDATED: 09/25/2024 11:37 PM

Property Details for 14146 Friar Street

StatusActive
MLS #OC24198825
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1942
Lot Size0.15 AC / 6,425 SF
CountyLos Angeles County

Building Information for 14146 Friar Street

Stories1Residences-Year Built1942Building Size-Lot Size0.15 AC / 6,425 SF

Property Information for 14146 Friar Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $48,085
  • Gross Scheduled Income: $49,572
  • Vacancy Allowance: 1487
  • Gross Operating Income: $48,085
  • Net Operating Income: $22,304
  • Gross Multiplier: 19.06
  • Cap Rate: 2.36
Expense Details
  • Operating Expense: $25,781
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $25,781
Tax / Assessment Info
  • Tax Block: 5
  • Tax Tract Number: 1200
  • Tax Census Tract: 1282.10
  • CFD/Mello-Roos Fee: $347
  • Tax Lot: 8
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Gutters, Lake, Park, Mountainous, Sidewalks, Storm Drains, Street Lights, Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: None
  • Sewer: None
  • Water Source: None
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,308
  • Unit Type Total Rent: $2,616
  • Unit Type Pro Forma: 4400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,515
  • Unit Type Total Rent: $1,515
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 14146 Friar Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 14146 Friar Street

Taxable ValueLand$241,155Additions$160,768Total$401,923
Tax Record2024$5,169 ($431 / month)
Home Facts
Total Finished SqFt1,959 SqFtAbove Grade Finished SqFt1,959 SqFtLot Size6,511 SqFtStyleTriplexYear Built1942ZoningLARD1.5CountyLOS ANGELESAPN2240-015-004

Schools near 14146 Friar Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Van Nuys Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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14146 Friar Street is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on September 24, 2024 by NorthMarq Realty Services, Inc, it's currently listed at $945,000. It has been on the market for a total of 84 days and was last sold on December 15, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Nuys Elementary School, Van Nuys Middle School and Van Nuys Senior High School. 14146 Friar Street is a 5-bed, 3-bath, 1,960 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NorthMarq Realty Services, Inc, Brent Sprenkle, DRE #01290116

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.