14649 Friar Street, Van Nuys

$1,299,000

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6 Beds

5 Baths

.16 Acre

0 Garage

HUGE PRICE REDUCTION. 2 UNITS MAY BE DELIVERED VACANT. A golden opportunity to convert a storage unit into an ADU for additional income.

The subject property consist of a detached single family house in the front with a detached two story building in the rear of the lot with a total of 4 units plus an approved storage room, which is part of the rear structure. This is a perfect opportunity to convert the storage room to a residential unit, possibly as an ADU, thus adding an additional unit. The front house is built in 1920 and the second building was built in 2005 (not subject to rent control). Contact the listing broker for additional information or questions. Submit your offer subject to an interior inspection. Great opportunity to create an additional unit or rent the storage room as is for an additional monthly income. Please do not disturb the residents, drive by only. See Supplemental Information of building permits. One of the units is currently vacant (1+1).

Essential Information

MLS® #: GD24048435

Price: $1,299,000

Bedrooms: 6

Bathrooms: 5.00

Acres: 0.16

Year Built: 1920

Type: Residential Income

Sub-Type: Quadruplex

Status: Active

Community Information

Address: 14649 Friar Street

Area: VN - Van Nuys

City: Van Nuys

County: Los Angeles

Zip Code: 91411

Community Features: Sidewalks

Senior Community: N

Amenities

Parking: Paved

Garages: Paved

Pool: None

Utilities

Cable Available, Electricity Connected, Natural Gas Connected

Interior

Interior: Carpet, Laminate

Fireplaces: None

# of Stories: 2

Stories: One, Two

Cooling

Central Air, Gas, Wall/Window Unit(s)

Lot Description

2-5 Units/Acre, Rectangular Lot, Street Level

Additional Information

Date Listed: March 9th, 2024

Days on Market: 72

Zoning: LAR3

Listing Details

Agent: Bob Kasumyan

Office

Precise Real Estate Investments

Property History

Apr. 6Price Reduced from $1,399,000 to $1,299,000

Mar. 16Price Reduced from $1,400,000 to $1,399,000

LISTING MAP

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Buyer's Agent

Listing Agent

Bob Kasumyan - Precise Real Estate Investments

Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2024 at 5:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.