Rendering of proposed mixed-use development at 14557 Friar St. in Van Nuys. The owner of a Van Nuys quarter-acre parcel of land has proposed a mixed-use residential project, according to L.A. Department of City Planning records.
The property at 14557 Friar St., not far from the intersection of Van Nuys and Victory Boulevards, will host a new 33,338-square-foot development, a seven-story structure comprised of 42 studio, one- and two-bedroom dwellings. The apartments will be perched above 1,038 square feet of ground-floor retail. A semi-subterranean parking area will accommodate 42 cars. Building amenities will include a gym, recreation room and rooftop deck.
An existing single-story structure at the address would be razed. The property was bought for $1.27 million in 2014.