14643 Friar Street, Van Nuys, CA 91411

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Property Description

GATED 6 UNIT BUILDING CLOSE TO COURTHOUSE , BUS STOP AND SHOPPING . Current Monthly income is $8,489 in just apartment unit rent .Avg Laundry Income is $300+ monthly .Assumable loan ($715K) at 3.4% Interest Rate with 1% assumption fee . New electrical panel upgrades 2024, fully compliant with current Insurance regulations .OWNED .No COVID Deferred rents EVER since March 2020 . Easy to maintain landscape and overall maintenance Well conditioned Tenants, zero late fees/unlawful detainers since 2019 Extremely well organized Admin files and accountingfive (5) attached Garages in back alley and secured entry .Plumbing upgrades in select units and on an as needed .


Interior Features

Laundry Information
Location(s) Laundry Room
Bedroom Information
Bedrooms N/A

Listing Information

Address 14643 Friar Street
City Van Nuys
State CA
Zip 91411
County Los Angeles
Listing Agent Steven B. Mesbah DRE #00883705
Courtesy Of Rodeo Realty
List Price $1,750,000
Status Active
Type Commercial
Structure Size N/A
Lot Size 6,755
Year Built 1953

Listing information courtesy of: Steven B. Mesbah, Rodeo Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 5th, 2025 at 10:45 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.