14317 Friar Street, Los Angeles, CA 91401

Newer Construction (2007) – Modern apartment building offering reduced long-term capital expenditure compared to older multifamily assets.

Desirable Unit Mix – Eight spacious 2 Bedroom / 2 Bathroom units averaging approximately 950 SF each.

Strong Value-Add Opportunity – Immediate upside through lease-up of one vacant affordable/low-income unit and continued rent optimization.

Projected Rental Upside – Potential to increase annual gross rental income by approximately 28.8% based on current market rents (buyer to verify).

Well-Maintained Property – Attractive curb appeal, gated parking, private balconies (select units), central HVAC, and in-unit laundry hookups.

Excellent Van Nuys Location – Convenient access to the 101, 405, and 170 Freeways, major employment centers, shopping, dining, and public transportation.

Strong Rental Demand – Located in one of the San Fernando Valley's most active multifamily rental markets with consistently high tenant demand.

Large Unit Sizes – Approximately 8,605 SF of building area on a 6,500 SF lot.

Professionally Managed Asset – Stabilized operations with a clear path to increasing cash flow.

Ideal for Long-Term Investors – Opportunity to acquire a quality multifamily asset with both current income and future appreciation potential.