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New construction
    • $5,990,000

    14728 Friar St, Van Nuys, CA 91411

    22beds
    22baths
    10,176sqft
    : 
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    Multi Family
    Built in 2026
    -- sqft lot
    $5,693,800 Zestimate®
    $589/sqft
    $-- HOA

    What's special

    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.
    386 days
    |
    37
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Rosenberg DRE # 01456686 310-889-8738,

    Kidder Mathews of California, Inc. 310-807-0880

    Source: CLAW,MLS#: 25555149MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 22
      • Bathrooms: 22
      Rooms
      • Room types: Living Room, Dining Area, Walk-In Closet, Loft, Walk-In Pantry
      Bedroom
      • Features: Walk-In Closet(s)
      Kitchen
      • Features: Open to Family Room, Pantry, Remodeled, Counter Top
      Heating
      • Central
      Cooling
      • Air Conditioning
      Appliances
      • Included: Oven, Microwave, Range Hood, Dishwasher, Dryer, Freezer, Washer, Refrigerator, Range/Oven, Tankless Water Heater
      • Laundry: In Unit, Laundry - Closet Stacked
      Features
      • Recessed Lighting, Open Floorplan, Turnkey, Elevator
      • Flooring: Hardwood
      • Doors: Insulated Doors, Sliding Doors
      • Windows: Double Pane Windows
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: Common Walls
      Interior area
      • Total structure area: 10,176
      • Total interior livable area: 10,176 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Covered, Gated, Secured, Side By Side
      • Covered spaces: 12
      Features
      • Levels: Three Or More,Multi/Split
      • Stories: 5
      • Entry location: Ground Level w/steps
      • Patio & porch: Enclosed
      • Exterior features: Balcony, Rain Gutters, Living Room Balcony
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: City Lights, City, Courtyard, Walk Street
      • Waterfront features: None
      Lot
      • Size: 6,250 Square Feet
      • Dimensions: 50 x 125
      • Features: Lot-Level/Flat, Sidewalks, Curbs, Gutters, Street Lighting, Single Lot, Storm Drains, City Lot, Near Public Transit, Flats
      Details
      • Additional structures: None
      • Parcel number: 2241007006
      • Zoning: LAR3
      • Special conditions: Standard
      • Other equipment: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Multi Family
      Materials
      • Concrete, Stucco
      • Foundation: Slab, Permanent
      • Roof: Flat
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      • Sewer: In Connected and Paid
      • Water: Public, Meter on Property

      Community & HOA

      Community
      • Security: 24 Hour Security, Automatic Gate, Gated, Fire Sprinkler System, Smoke Detector(s)
      HOA
      • Amenities included: Controlled Access, Elevator(s), Gated Parking
      Location
      • Region: Van Nuys

      Financial & listing details

      • Price per square foot: $589/sqft
      • Tax assessed value: $567,190
      • Annual tax amount: $7,189
      • Date on market: 6/23/2025
      • Road surface type: Paved

        Estimated market value

        $5,693,800

        $5.41M - $5.98M

        $2,886/mo

        Price history

        DateEventPrice
        6/23/2025Listed for sale$5,990,000+598999900%$589/sqft
        Source: CLAW #25555149 Report a problem
        5/14/2024Listing removed--
        Source: CLAW #24-354247 Report a problem
        2/1/2024Listed for sale$1-100%
        Source: CLAW #24-354247 Report a problem
        4/15/2020Listing removed$1,700,000$167/sqft
        Source: Sperry Van Ness #20559162 Report a problem
        2/28/2020Listed for sale$1,700,000+250.5%$167/sqft
        Source: Sperry Van Ness #20559162 Report a problem
        11/4/2016Sold$485,000+870%$48/sqft
        Source: Public Record Report a problem
        6/16/2016Sold$50,000-85.7%$5/sqft
        Source: Public Record Report a problem
        7/25/2013Sold$349,000$34/sqft
        Source: Public Record Report a problem
        5/25/2013Listed for sale$349,000+45.9%$34/sqft
        Source: Griffin Real Estate, Inc. #IG13097168 Report a problem
        5/11/2012Sold$239,200-52.8%$24/sqft
        Source: Public Record Report a problem
        9/22/2011Listing removed$1,250
        Source: RentNice.com Report a problem
        7/28/2011Listed for rent$1,250
        Source: RentNice.com Report a problem
        10/13/2005Sold$506,500+166.6%$50/sqft
        Source: Public Record Report a problem
        10/2/2001Sold$190,000+51.4%$19/sqft
        Source: Public Record Report a problem
        1/29/2001Sold$125,500$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,189 +0.9%$578,533 +2%
        2024$7,125 +1.9%$567,190 +2%
        2023$6,990 +4.8%$556,070 +2%
        2022$6,669 +1.3%$545,168 +1.9%
        2021$6,586 -1.1%$535,048 +1%
        2020$6,657 $529,563 +4.9%
        2019$6,657 +8.5%$504,593 +2%
        2018$6,136 $494,700 +2%
        2017$6,136 +2.2%$485,000 +34.2%
        2016$6,001 +33.3%$361,400 +1.5%
        2015$4,502 +1%$355,972 +2%
        2014$4,459 $349,000 +29.7%
        2012-- $269,000 -28.5%
        2011-- $376,000
        2010-- $376,000 -20.8%
        2009-- $474,700
        2008-- $474,700 -11%
        2007-- $533,315 +5.3%
        2006-- $506,500 +139.1%
        2005-- $211,847 +7.4%
        2004-- $197,313 +1.9%
        2003-- $193,698 +2%
        2002-- $189,900 +46.6%
        2000-- $129,506
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Van Nuys

        Getting around

        83 / 100
        Very Walkable
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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