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  • 14728 Friar Street

14728 Friar Street, Van Nuys, CA 91411

$5,990,000 Approx. USD 22 beds, 22 baths
10,176 sqft
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Photo of Dona Aumann

Dona Aumann REALTOR® - Sales Associate 858-752-7531 m
858-729-1094 o
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com Text Me
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Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275
 La Jolla Prospect 1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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Fax: 858-459-3275
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Listing Agent


Scott Rosenberg | scott.rosenberg@kidder.com
Lic#: 01456686
Broker: Courtesy of Kidder Mathews of California, Inc.
Phone: 310-889-8738

Agent Remarks

Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of Los Angeles. The property's central location offers walkable access to local parks, Lake Balboa, coffee shops, restaurants, and everyday retail amenities. It also boasts excellent regional connectivity via the 405 and 101 freeways, Metro bus lines, and the Van Nuys Metrolink Station providing convenient access to key employment centers in Sherman Oaks, Burbank, Studio City, and Downtown Los Angeles.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25555149
Price: $5,990,000
Beds: 22
Baths: 22
None fireplaces
Built in 2026
10,176 sqft
0.14 acres
Lot size: 0.1435
County: Los Angeles
Property style: Contemporary
Zoning: LAR3
Construction: Concrete,Stucco
Interior features: Open Floorplan,Recessed Lighting,Loft,Walk-In Pantry,Walk-In Closet(s)
Exterior features: Rain Gutters
Appliances: Dishwasher,Microwave,Oven,Refrigerator,Range Hood,Dryer,Washer
Parking description: Controlled Entrance,Covered,Gated,Side By Side
Heating description: Central
MLS area: VN - Van Nuys

Last Updated: 6/12/2026

 Days On Market (DOM): 359

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This listing belongs to the VN - Van Nuys MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.185414, -118.454089.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Dona Aumann

Dona Aumann REALTOR® - Sales Associate 858-752-7531 m
858-729-1094 o
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01898410
NRDS ID: 196550369
daumann@bhhscal.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
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