We are very pleased to exclusively offer for purchase Friar House, a rare side by side duplex featuring two 3 bedroom, 2 bath units totaling 2,760 square feet, boasting an average of 1,380 square feet per unit that will be delivered 100% vacant. Situated on a 6,249 square foot corner lot zoned R3, the units feature central air and heat, washer/dryer hookups, 3 bedrooms, 2 bathrooms and will be delivered vacant and ready to be rented as is or remodeled to achieve market rents. Built in 1945, the units have a lot of original charm like crown and base moulding but also updates which include new windows, copper plumbing and updated electrical. Market rents for updated and new construction units top well over $3 per foot in the area, which means once remodeled these 3+2 units could easily garner $4,000 per unit. Once remodeled and re-leased at market rents, the property offers a 6.2% cap rate and a 10 GRM. In addition to the remodeling option, there may be re-development potential as the lot is 6,249 square feet zoned R3 which "by right" allows 7 units. Don't miss this amazing remodel opportunity that is 100% vacant and ready to be re-imagined right away by a new owner!
Property Details
Property Features
Property Information:
Year Built: 1945
Stories: 1
Living Area: 2,760 SqFt
Listing Office:
Office Name: Dana Brody
Office Phone: (818) 212-2757
Listing Agent: Dana Brody
Interior Features
Interior Information:
Appliances: Disposal
Flooring Type: Laminate
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Uncovered
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Van Nuys Senior High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Van Nuys Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Sylvan Park Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: NW Corner of Friar and Cedros Avenues
Price Information
Listing Price Info
Price Summary:
List Price: $999,000
Price Per SqFt: $362/SqFt
Tax Information:
Annual Amount: $3,261
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3K more than the Median Sold Price and $274/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24390557
Listing Office:
Office Name: Dana Brody
Office Phone: (818) 212-2757
Listing Agent: Dana Brody
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. 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.
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. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/2/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,261
$242,594
2020
$3,287
$240,107
2019
$3,080
$235,400
2018
$316
$230,785
2017
$316
$229,261
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Sylvan Park Elementary School
6238 Noble Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.31 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school11.08 miles
Public Magnet Grades 1-5
Middle School
5
/10
Van Nuys Middle School
5435 Vesper Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.59 miles
Public District Grades 6-8
High School
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school0.30 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school2.81 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school17.17 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Sylvan Park Elementary School
6238 Noble Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.31 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school11.08 miles
Public Magnet Grades 1-5
Assigned Schools
5
/10
Van Nuys Middle School
5435 Vesper Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school13.59 miles
Public District Grades 6-8
Nearby Schools
6
/10
Ivy Bound Academy of Math, Science, and Technology
15355 Morrison St
Distance between this listing and this school1.87 miles
Public Charter Grades 5-8
Assigned Schools
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school0.30 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school2.81 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school17.17 miles
The neighbors living near this home have an average income of $33,071. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6319 Cedros Ave
What is the listing price of this property?
The listing price of 6319 Cedros Ave property is $999,000.
What type of property is this?
The property 6319 Cedros Ave is a house located in Van Nuys, California, 91411.
Is this property for sale now?
Active Listing: 6319 Cedros Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 6319 Cedros Ave are: Sylvan Park Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Van Nuys Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Van Nuys Senior High School: GreatSchools Rating 7/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,261 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 6319 Cedros Ave has 6 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 6319 Cedros Ave is 2,760 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 6319 Cedros Ave is 1945.
This home is located at 6319 Cedros Ave in Van Nuys, CA and zip code 91411 in the The San Fernando Valley neighborhood. This 2,760 square foot home, which was built in 1945, sits on a 0.14 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $999,000.
In May 2024 more than 766 listings in Los Angeles, CA were sold above the asking price. During the same period more than 198 listings were sold at asking price, while more than 625 were sold below. The inventory of homes for sale in Los Angeles, CA between April 2024 and May 2024 increased by 15.4%. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.
From Rocket Homes Real Estate and based on county public records data.