14248 Friar St, Van Nuys, California 91401, Van Nuys, 91401 - 3 bed, 1 bath
ACTIVE$950,000
14248 Friar St, Van Nuys, California 91401
3Beds
1Bath
1,285Sqft
6,262Lot
Price Vs. Estimate
The estimated value ($908,345.19) is $41,654.81 (4%) lower than the list price ($950,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development Potential: The property is zoned LARD 1.5, offering significant future development possibilities for investors or those exploring long-term options.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$950.0K vs avg $1.30M ($-350,000)15%
Size:1,285 sqft vs avg 1,947 sqft9%
Price/sqft:$739 vs avg $70059%
More Insights
Built in 1941 (84 years old).
Condition: The property, built in 1941, is functional and appears to be maintained, but the kitchen and bathroom are significantly outdated. The kitchen features old linoleum flooring, dated white cabinets with scalloped trim, and older appliances. The bathroom has very dated mosaic tile flooring and wall tiles. Hardwood floors in other areas show considerable wear and tear. While livable, the home requires substantial aesthetic and functional updates to meet modern standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Year Built
1941
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
PW25276082
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Welcome to 14248 Friar St, a well-located property in the heart of Van Nuys offering versatility and opportunity. The main residence features 3 bed 1 bath with natural light throughout, along with a 400 sq ft single attached unit that provides additional living space. The property is zoned LARD 1.5, offering future development possibilities for those exploring long-term options. Conveniently located near shopping, dining, schools, and major freeways, this property combines comfort, flexibility, and potential in a desirable neighborhood.
Price History
Date
Event
Price
11/01/04
Sold
$375,000
Condition Rating
Fair
The property, built in 1941, is functional and appears to be maintained, but the kitchen and bathroom are significantly outdated. The kitchen features old linoleum flooring, dated white cabinets with scalloped trim, and older appliances. The bathroom has very dated mosaic tile flooring and wall tiles. Hardwood floors in other areas show considerable wear and tear. While livable, the home requires substantial aesthetic and functional updates to meet modern standards, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Development Potential: The property is zoned LARD 1.5, offering significant future development possibilities for investors or those exploring long-term options.
Additional Living Unit: Includes a 400 sq ft single attached unit, providing versatile additional living space or potential for rental income.
Prime Location: Well-located in the heart of Van Nuys, with convenient access to shopping, dining, schools, and major freeways.
Generous Lot Size: A 6,262 sq ft lot provides ample outdoor space and supports the property's development potential.
Natural Light: The main residence benefits from abundant natural light throughout, enhancing its appeal.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Property Age & Condition: Built in 1941, the property likely requires significant updates to systems and aesthetics to meet modern standards.
Limited Bathroom Count: The main residence features only one bathroom for three bedrooms, which can be a functional limitation for occupants.
Main Residence Size: The primary 3-bedroom residence is relatively compact at approximately 885 sq ft (1285 total - 400 attached unit), potentially limiting living space.