www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24802340
21773436

14846 Friar St, Los Angeles, CA 91411 For Sale

MC
CA CA 01880895
SVN | Rich Investment Real Estate Partners Los Angeles
SVN | Rich Investment Real Estate Partners Los Angeles
Listed by SVN | Rich Investment Real Estate Partners Los Angeles
$2,900,000
524 days on market
Updated 19 days ago

Philippe Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,240
Units 6
Cap Rate 4.8%
NOI $139,084
Pro-Forma Cap Rate 5.47%
Pro-Forma NOI $158,639
Price per SqFt $401
Class B
Year Built 2019
Buildings 1
Stories 3
Lot Size (SqFt) 6,250
Zoning R3-1
Parking Spaces 12 spaces
Parking per 1,000 SqFt 1.66
Investment Type Stabilized

Multifamily | 6 Units | $483,333/unit

Marketing description

SVN proudly presents this exceptional six-unit multifamily property located at 14846 Friar Street, Van Nuys, CA 91411. Situated just south of the Victory Boulevard and Kester Avenue intersection, this meticulously crafted six-unit property comprises all two-bedroom, two-bathroom residences, each averaging over 1,000 square feet.

The units showcase high-end finishes, including Samsung refrigerators and dishwashers. The building features two levels, with three units on each floor, and provides two parking spaces per unit. Residents can also enjoy a communal space on the south side of the building, as well as a convenient laundry room equipped with two washers and two dryers. A lift provides accessibility to the first floor or residents and guests.

Property is also strategically located within an Opportunity Zone, a designated economic development area designed to stimulate economic growth and job creation in low-income communities.

Investment highlights

Located within an Opportunity Zone

Non RSO - Newer Construction Built in 2019

Spacious 2 bed 2 bath units - Average 1000+ SF

12 on-grade parking spaces - 2 per Unit

Stabilized turn-key building w/ curb appeal

Walk Score: 79

Listing Contacts

MC
CA CA 01880895
SVN | Rich Investment Real Estate Partners Los Angeles
SVN | Rich Investment Real Estate Partners Los Angeles
Listed by SVN | Rich Investment Real Estate Partners Los Angeles

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$139,084.00
$11,590.33/mo

Valuation Metrics

0
DSCR
4.8%
Cap Rate
4.8%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Michael Chang
License
CA 01880895
Brokerage Phone
310.903.4967
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591