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Daina Burness

Van Nuys CA Real Estate & Land for Sale

1 Properties Found

The median home value in Van Nuys, CA is $845,000. This is higher than the county median home value of $790,000. The national median home value is $308,980. The average price of homes sold in Van Nuys, CA is $845,000. Approximately 45.51% of Van Nuys homes are owned, compared to 47.38% rented, while 5.3% are vacant. Van Nuys real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Van Nuys real estate agent to arrange a tour today!
Learn more about Van Nuys.

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Lot size:
0.14 Acres
Listing Agent: Daniel Baird - Sperry Van Ness
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ONLY AVAILABLE TO OPPORTUNITY ZONE, 1031 EXCHANGE AND PREMIUM BUYERS! NOT a distressed property and will NOT be sold for $1. Proud to present this OPPORTUNITY ZONE multifamily development property located on 14728 Friar St., Van Nuys, CA 91411. The site is in mid-construction entitled with a unit mix of 2 one bedrooms and 10 two bedrooms (10 market rate and 2 low income). Units average around 950 SF. Property is located just west of the intersection o Friar Street and Cedros Avenue, 1 block south o Victory Boulevard. It is in close proximity to the 405 Freeway, Van Nuys Airport, Gol course, Wildlife Reserve and major thoroughfares to the San Fernando Valley including Sepulveda Blvd., Victory Blvd., Oxnard St. and Sherman Way. The subject property is less than a 10 minute walk to Van Nuys High School and local retail, shops and restaurants on Victory Blvd. MOST NOTABLE BENEFIT: This property is located in an Opportunity Zone! Qualified Opportunity Funds (QOF) and 1031 Exchange Buyers expect to be able to take advantage of unique tax benefits if held for more than ten years. Investors may eliminate all capital gains accrued with the Ozone property from the day of purchase! **All buyers and investors must conduct their own due diligence of the opportunity zone regulations and consult their respective consultants. Our team can refer O- Zone specialists, if needed.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 4/13/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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