14758 Victory Boulevard Van Nuys, CA 91411
A eight-unit apartment building located at 14758 Victory Blvd. in Van Nuys, CA, built in 1965 and offers a living area of 5, 789 square feet on a 6, 506 square foot lot. The unit mix comprises 5 one-bedroom one bath, 1 two-bedroom one bath, and 2 two-bedroom two baths. Some units have been upgraded, and there is an on-site laundry facility. Additionally, there is storage space above the parking area, which creates an opportunity for additional income. UPSIDE POTENTIAL: There is over 23% upside potential in current rents. Additionally, there is an opportunity to construct an ADU and Jr. ADU. Upon completion, the property could achieve a 8.36% cap rate and a 8.87 gross rent multiplier (GRM). This presents a rare value-add opportunity for investors in a prime Van Nuys location. Buyer to do its own investigation regarding the ADU ***
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site46 Days
- MLS StatusActive
- MLS ID NumberSR24174399
- Home Size Source N/A
- Year Built1964
- Lot Size0.1494 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 14758 Victory Boulevard Van Nuys, CA 91411
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| 2 months ago |
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General Features
- Parking Spaces 8
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.1494
- Water Public
- Property Sub Type Apartment
- Garage Spaces 0
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Fireplace Features None
- Laundry Features Common Area
- Fireplace No
Exterior Features
- Pool Features None
- Lot 6-10 Units/ Acre
Community Features
- Community Features Valley
- Senior Community No
- MLS Area VN - Van Nuys