Van Nuys, CA 91411,14758 Victory BLD
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Van Nuys, CA 91411,14758 Victory BLD
Van Nuys, CA 91411,14758 Victory BLD
Van Nuys, CA 91411,14758 Victory BLD
Van Nuys, CA 91411,14758 Victory BLD
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$ 1,649,000
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Price Dropped by $101K

14758 Victory BLD Van Nuys, CA 91411

6,506 Sqft Lot


UPDATED:

11/22/2024 04:27 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR24174399

Originating Board California Regional MLS

Year Built 1964

Lot Size 6,506 Sqft

Property Description

We are 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 N

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry Laundry Area, Washer/Dryer - Leased

Exterior

Garage Spaces 8.0

Pool None

Building

Water District - Public

Others

Tax ID 2241002014

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Akash Saini • Keller Williams Realty Calabasas

Maxwell Dukelow

Agent | License ID: 02113278

+1(408) 508-3200

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14758 Victory BLD