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14758 Victory Boulevard

Van Nuys, CA 91411

$1,649,000 Price
Est. Payment: $ 0/mo
5
Bed
0
Bath
5,789 Sq. Ft.
$285 / Sq. Ft.

14758 Victory Boulevard

Van Nuys, CA 91411

$1,649,000 Price
$0/mo
5
Bed
0
Bath
5,789
Sq. Ft.
CALL LISTING AGENT FOR MARKETING PACKAGE! Keller Williams is pleased to present an eight-unit apartment building at 14758 Victory Blvd. in Van Nuys. Built in 1965, this property offers 5,789 square feet of living space on a 6,506-square-foot lot. The unit mix includes 5 (1 +1) , 1 (2+1) , 2 (2+2). Several units have been upgraded, and there is an on-site laundry facility. Additionally, storage space above the parking area creates an opportunity for added income. Upside Potential: Current rents have over 23% upside potential. Additionally, there is the potential to add ADU's, which could yield a cap rate of 7.78% and a GRM of 8.81 upon completion. This is a rare value-add opportunity for investors in a prime Van Nuys location. Buyer to verify all ADU details independently. ***Seller carry financing may be available. Inquire from agent. *** Located in Van Nuys, this property benefits from close proximity to local amenities, schools, parks, and major transportation routes, making it an appealing choice for both renters and investors. Whether you're expanding your investment portfolio or seeking a stable income-generating property, 14758 Victory Blvd. offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don’t miss out on owning a valuable piece of Van Nuys real estate. Schedule your private showing to explore the potential of this impressive apartment building.
PROPERTY INFORMATION
MLS # SR24174399 Lot Size 6,506 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 1,649,000
Price Per SqFt: $ 285
DOM 251 Days
Address 14758 Victory Boulevard Type Residential Income
City Van Nuys Sq.Ft. 5,789 Sq. Ft.
Postal Code 91411 Garage N/A
County Los Angeles Year Built 1964
Bed / Bath 5 / 0 Parking 8
Built In 1964 Status Active
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area
Has Fireplace No
Fireplace Information None
Has Heating Yes
Heating Information Wall Furnace
Has Cooling Yes
Cooling Information Wall/Window Unit(s)
EntryLocation Main Road
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,759
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
11/06/2024 Active $1,649,000
08/22/2024 Listed $1,750,000
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Listing provided courtesy of Akash Saini, Keller Williams Encino/Sherman Oaks. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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