14643 Friar St
Laundry equipment is owned by Seller
Total of five (5) detached storage units in rear of property allowing additional income.
Great Access to the Sepulveda Basin Wildlife Reserve & Recreation Area!
Recently completed a successful Balcony/Patio upgrade in compliance with LADBS ordinance.
Proximity to major employment centers, retail amenities, and freeway access
Well-positioned asset in an infill submarket with limited new multifamily supply
Electrical improvements completed in May 2024 to meet current insurance requirements, reducing risk and supporting smoother policy renewals.
All panels and breakers have been fully upgraded, ensuring modernized infrastructure and improved system reliability.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $1,375,000 |
| No. of Units: | 6 |
| Cap Rate: | 3.89% |
| GRM /GIM: | 13.38 |
| Building Size: | 4,912 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $229,167 |
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