14759 Friar Street In Van Nuys Sold For $825,000 To 14759 Friar, LLC, Represented By Elizabeth Clark, LLC

The development site located at 14759 Friar Street in Van Nuys has been sold. The property was purchased by 14759 Friar, LLC for a total price of $825,000. The asset offers a total buildable square footage (BSF) of 7,501. The purchase price per buildable square footage (PPBSF) stands at $109.99. The sale was completed on November 20, 2019.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $825,000
• Buildable Square Footage: 7,501
• Purchase Price per Buildable Square Footage: $109.99
• Address: 14759 Friar Street, Van Nuys
• Market: Van Nuys

The buyer, 14759 Friar, LLC, purchased the property from Friar Holdings, LLC. The transaction was facilitated by Elizabeth Clark of [Brokerage details not provided]. The sale generated strong interest, with over eight offers received within the first week. Importantly, the property was sold over the listed price and with minimal contingencies.