14643 Friar St — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 91411

Investment Figures

Cap rate
3.89%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus and Millichap is pleased to present the opportunity to acquire 14643 Friar St, a Six-unit investment opportunity located in Van Nuys, CA 91411. Investment Highlights: • 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.

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 3.9% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Its 3.9% asking cap rate is below the Greater Los Angeles multifamily market average of about 5.0%, reflecting premium pricing relative to comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

Contact

Explore this market

Similar Multifamily Property for Sale in Los Angeles, CA