FOR SALE
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OPPORTUNITY ZONE BUYERS ONLY! NOT a distressed property and will NOT be sold for $1 (listing considered unpriced). Contact broker for serious enquiries only. Proud to present this OPPORTUNITY ZONE multifamily development property located on 14728 Friar St., Van Nuys, CA 91411. The site is in mid-construction entitled with a unit mix of 2 one bedrooms and 10 two bedrooms (10 market rate and 2 low income). Units average around 950 SF. Property is located just west of the intersection o Friar Street and Cedros Avenue, 1 block south o Victory Boulevard. It is in close proximity to the 405 Freeway, Van Nuys Airport, Gol course, Wildlife Reserve and major thoroughfares to the San Fernando Valley including Sepulveda Blvd., Victory Blvd., Oxnard St. and Sherman Way. The subject property is less than a 10 minute walk to Van Nuys High School and local retail, shops and restaurants on Victory Blvd. MOST NOTABLE BENEFIT: This property is located in an Opportunity Zone! Qualified Opportunity Funds (QOF) and 1031 Exchange Buyers expect to be able to take advantage of unique tax benefits if held for more than ten years. Investors may eliminate all capital gains accrued with the Ozone property from the day of purchase! **All buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants. Our team can refer O- Zone specialists, if needed.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
87 days ago
Home Details for 14728 Friar St
Interior Features |
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View No ViewView: None |
Exterior Features |
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Frontage Waterfront: NoneNot on Waterfront |
Days on Market |
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Days on Market: 87 |
Property Information |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Price & Status |
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Price List Price: $1 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Van Nuys |
Agent Information |
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Listing Agent Listing ID: 24-354247 |
Lot Information |
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Lot Area: 6250.86 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-354247 |
Last check for updates: about 15 hours ago
Listing courtesy of Daniel Baird DRE # 01249675, (310) 904-8645
Sperry Van Ness, (310) 979-0800
Source: CLAW, MLS#24-354247
Price History for 14728 Friar St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/01/2024 | $1 | Listed For Sale | CLAW #24-354247 |
| 04/15/2020 | $1,700,000 | ListingRemoved | Agent Provided |
| 02/28/2020 | $1,700,000 | Listed For Sale | Agent Provided |
| 11/04/2016 | $485,000 | Sold | N/A |
| 06/16/2016 | $50,000 | Sold | N/A |
| 07/25/2013 | $349,000 | Sold | N/A |
| 05/25/2013 | $349,000 | Listed For Sale | Agent Provided |
| 05/11/2012 | $239,200 | Sold | N/A |
| 10/13/2005 | $506,500 | Sold | N/A |
| 10/02/2001 | $190,000 | Sold | N/A |
| 01/29/2001 | $125,500 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $6,990 |
| Assessment | $556,070 |
Home facts updated by county records
Comparable Sales for 14728 Friar St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Lot/Land | $935,000 | 07/13/23 | - | - | ||
0.24 | Lot/Land | $2,800,000 | 03/18/24 | - | - | ||
1.04 | Lot/Land | $780,000 | 02/22/24 | - | - | ||
1.32 | Lot/Land | $1,225,000 | 06/29/23 | - | - | ||
1.33 | Lot/Land | $1,320,000 | 08/03/23 | - | - | ||
1.49 | Lot/Land | $1,350,000 | 12/18/23 | - | - | ||
2.11 | Lot/Land | $1,100,000 | 08/01/23 | - | - | ||
2.09 | Lot/Land | $985,000 | 09/08/23 | - | - |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Van Nuys
- Adam Harman
- Resident
- 1mo ago
"Very walkable streets and high dog population neighborhood. Lots of people out walking in the evenings on a nice day, many with baby strollers, dogs or both."
- Adam Harman
- Resident
- 1mo ago
"We moved to this neighborhood as a predominate work-from-home location. It’s a good community with lots of lot space where even in heavy commuter traffic you can get to the west side in ~45 mins. This feels especially satisfying compared to further out communities that people go for similar space but require 1-1.5 hour commutes each way."
- Adam Harman
- Resident
- 1mo ago
"Neighborhood has yearly events, such as a holiday get together and the area draws a lot of people for Halloween festivities. There’s a number of young families that have come into the area in the past couple years and there’s good above average interaction and playtime amongst them, compared to other areas of Los Angeles from experience."
- Daisy De La Rosa
- Resident
- 3mo ago
"Car is required. You can’t move around freely if you don’t have a car. But there is public transportation if you are willing to put up with it."
- Trulia User
- Resident
- 7mo ago
"There are so many happy dog walkers in my neighborhood. But homeless people are lining the periphery. "
- Trulia User
- Resident
- 8mo ago
"Very friendly neighborhood and kid and pet friendly, in zip code 91406 the streets get re-paved like every two years or so, kids go out trick or treating, decorations are put up and taken down on time, I’ve lived 20 years here and the prices of homes have gone up more than twice of what we got it for."
- Trulia User
- Resident
- 10mo ago
"live in a safe area for our children, where we have many things at hand, and above all a school for them. "
- Trulia User
- Resident
- 1y ago
"Great place for a family , good transportation and their are school really close by , and very easy to get around , I would definitely live in this area again "
- Trulia User
- Resident
- 1y ago
"I’ve lived here for 2 years and have witnessed over 30 major car accidents. Buildings set ablaze by homeless, trees as well. No dog owner ever picks up their dog. And everyone speeds on most streets."
- Trulia User
- Resident
- 1y ago
"No parking and some people have their broken down cars sitting there and take up 3 car spaces to save parking. "
- Trulia User
- Resident
- 1y ago
"Van Nuys is a community full of wonderful people and families that appreciate their homes. Unfortunately, the city does not do enough to keep public area/settings clean nor well-kept. Streets are never cleaned, sidewalks dirty, roads/potholes are rarely fixed. It’s a shame to see how neglected this great city is. "
- Trulia User
- Resident
- 1y ago
"my neighborhood has access to many public transportations and many stores and shopping centers. There are many great parks and things to do on the weekends. "
- Trulia User
- Prev. Resident
- 1y ago
"I love van nuys. It’s hold a special place in my heart. Close to public transportation. Close to major freeways too "
- Trulia User
- Resident
- 2y ago
"There's a lot of traffic and you basically have to run red lights to get anywhere. It's loud too. Sirens constantly go off at all times of night. I live above a bus stop so I have to listen to crack heads yell at each other all night too. Don't move here. "
- Trulia User
- Resident
- 2y ago
"Lack of green spaces, loud planes and traffic noises (ambulances, fire trucks etc) lack of poop bag stations while walking"
- Trulia User
- Visitor
- 2y ago
"People walking there dogs. No parking no laundry good the store close people nice. Market close. Food close"
- Trulia User
- Visitor
- 2y ago
"good quite calm area with lots of things to do and good school all around. also very pet friendly. "
- Trulia User
- Prev. Resident
- 2y ago
"The diversity in the people. Otherwise it's not safe, it's not very friendly, and parking sucks. I wouldn't live here again unless I had to. Which was the case for the first time. "
- Trulia User
- Resident
- 2y ago
"There are a decent amount of vagrants in this part of town. Overall it’s a fairly decent area with pretty good food options. "
- Trulia User
- Resident
- 2y ago
"Better to have your own transportation but traffic is always an issue. The parks are somewhat maintained but there are many issues with homeless encampments in public areas."
- Trulia User
- Resident
- 3y ago
"There are bus stops near the area on almost every corner but I would not suggest walking anywhere around here the people drive way too fast and there’s always somebody asking for change "
- Trulia User
- Resident
- 3y ago
"it's not unique, it's horrible. lots of homeless and ruse neighbor behind us on Cantaly witg 8 dogs barking 24/7. no one follows rules!!!"
- Candida.rodriguez11
- Resident
- 3y ago
"Walking your dog is super stressful lots of aggressive dogs left outside to bark at you. No one picks up dog poop. "
- Joe
- Resident
- 3y ago
"There is an Ice Cream truck that drives around every night offering ice cream and nachos. Highly recommend "
- Sylmarballer
- Resident
- 3y ago
"Great food for low prices. Not far from major freeways. Flyaway to lax. Large streets and free parking. "
- Joehernandez630
- Resident
- 3y ago
"There’s a great school on erwin street and also by the Costco so you don’t have to worry about them having a safe place to learn. However the streets here tend to get shady at times "
- Summer C.
- Resident
- 3y ago
"It is dangerous at night, as a woman I do not feel safe walking alone. Not a family neighbourhood, not safe. "
- Gowithawinner
- Resident
- 3y ago
"I’ve lived in this area for 6 years. You have to be careful here. There are some great little neighborhood pockets with nice homes and friendly families but it’s surrounded by low income apartments and homeless camps. "
- Dayne.stevanovic44
- Resident
- 3y ago
"I love my building. I live at the Sherman Circle and they are great. The surrounding neighborhood is not the best though. "
- Trulia User
- Resident
- 3y ago
"The transit is available in many street, you just have to know where to catch it to your destination."
- Olsenkris1998
- Resident
- 3y ago
"I've lived in van Nuys for a year and just like every city in California it has it's good spots, If you move here move closer towards Sherman oaks area its much better, and safer for kids. the closer you get to panorama city and Reseda the more you will hear helicopters and see more crime"
- Charmar M.
- Resident
- 3y ago
"The county doesn’t care about our community. The only special event is the Wednesday low riders on Van Nuys. "
- Jayy C.
- Resident
- 4y ago
"quiet area lots of crime not a lot of parking and rents are overpriced not buildings are not taken care of "
- Christopher B.
- Resident
- 4y ago
"It’s dirty. People have no pride in their homes, yards or neighborhoods. No one picks up their dog poop. "
- Cesia
- Resident
- 4y ago
"I've lived in this neighborhood 20 years, almost my whole life. It definitely gives me cozy vibes and just makes me think of family- good food, sometimes disorganized & loud, but pretty much harmless. It's definitely right in the middle of Sherman Oaks & Panorama City in many ways. "If you know, you know"."
- Hasani.sinclair
- Resident
- 4y ago
"To be quite honest, this doesn’t feel like an ideal neighborhood in which to raise a child, or at least, not my particular street. The smaller streets would be much more ideal"
- Violet E.
- Resident
- 4y ago
"Not really a "neighborhood" type of area. Everyone keeps to their own, but if you strike up a conversation they will gladly be polite and talk with you"
- V90
- Resident
- 4y ago
"This neighborhood is currently attracting allot of restless and invasive homeless people lately. At night there is allot of police activity going too."
- Transplant
- Resident
- 4y ago
"Not a very safe neighborhood. Officer involved shooting in front of my home and they closed down access to the street until the following day. Lots of prostitution and drug addicts roaming around "
- Bkny
- Resident
- 4y ago
"People dump wherever they want. Shootings close by. People are loud. Cheap rent is the best part. Otherwise, it doesn’t feel too safe. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Daniel Baird, Sperry Van Ness
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.