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14728 Friar Street

Van Nuys, CA 91411

$1

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $0 / sqft

calendar_month Built

Property Description

ONLY AVAILABLE TO OPPORTUNITY ZONE, 1031 EXCHANGE AND PREMIUM BUYERS! NOT a distressed property and will NOT be sold for $1. 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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 14728 Friar Street
City Van Nuys
State CA
Zip 91411
County Los Angeles
Listing Agent Daniel Baird DRE#01249675
Courtesy Of Sperry Van Ness
MLS 24354247
List Price $1
Status Active
Type Land
Structure Size N/A
Lot Size 6,250
DOM 40

Exterior Information

Maps

home_work Nearby Properties

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$1,900/month

king_bed 1
shower 1
straighten N/A
straighten 8,756
14721 Sylvan Street #6,

Van Nuys, CA 91411
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$3,000/month

king_bed 2
shower 3
straighten 1,200
straighten 8,250
14735 Friar Street #101,

Van Nuys, CA 91411
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$1,299,000

king_bed N/A
shower N/A
straighten N/A
straighten 6,755
14649 Friar Street,

Van Nuys, CA 91411
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$1,499,000

king_bed N/A
shower N/A
straighten N/A
straighten 8,750
14810 Sylvan Street,

Van Nuys, CA 91411
Image

$80,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
14626 Victory Boulevard,

Van Nuys, CA 91411

Listing information courtesy of: Daniel Baird, Sperry Van Ness . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 12th, 2024 at 4:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.