14649 Friar Street, Van Nuys, CA 91411

$1,299,000
List Price
$1,299,000
Price Change
▼ $100,000 1712396329
MLS#
GD24048435
Status
ACTIVE
Type
Multifamily

Property Description

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.

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Courtesy of Precise Real Estate Investments, Bob Kasumyan.