14121 Friar St, Van Nuys, CA 91401

INVESTMENT HIGHLIGHTS: Highly sought-after mix of all 2-Bed/2-Bath units and a 2-Bed/2.5-Bath Townhouse; Built in 1998 and subject to State Rent Control with rent increase of 8.8% in 2005; No seismic retrofit required; Two units to be rented to Moderate and low income tenants; Median Income: $106,600 for a four-person household in 2025; Low Income: $84,850 for a single person, $121,150 for a four-person household; Large and bright units spread over 6,526 square feet in 7 units; All units feature balconies, central heating and air conditioning, high ceilings, and 2 parking spaces; Gated and secured entry, copper plumbing, newer water heater, on-site laundry facilities owned by current management; One of the best values in today's investment market with significant upside potentialLaundry on-site |