14121 Friar Street, Van Nuys, California 91401

INVESTMENT HIGHLIGHTS: 6.06% Current Cap! Highly sought-after mix of all 2-Bed/2-Bath units and a 2-Bed/2.5-Bath Townhouse; Built in 1998 and subject to State Rent Control with rent increase of 8.8% in 2005; No seismic retrofit required; Large and bright units spread over 6,526 square feet in 7 units; All units feature balconies, central heating and air conditioning, high ceilings, and 2 parking spaces; Gated and secured entry, copper plumbing, newer water heater, on-site laundry facilities owned by current management; One of the best values in today’s investment market with significant upside potentialLaundry on-site |