Listed by 916-704-4184 - Akash Saini - DRE #02010158 - Keller Williams Encino/Sherman Oaks 818-475-3575
$1,649,000 affordable loan icon Calculate Payment

14758 Victory Boulevard Van Nuys, CA 91411

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Apartment Residence
Beds
Baths
5,789 Sq. Ft.
0.15 Acre Lot

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Last updated on 11/15/2024 5:47 PM
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. Continue reading
MLS#
SR24174399
Property Type
Apartment
Status
Year Built
1964
Square Feet
5,789 sq. ft
Lot Size
0.15
Stories
2.0
Sewer
Public Sewer

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Listed by 916-704-4184 - Akash Saini - DRE #02010158 - Keller Williams Encino/Sherman Oaks 818-475-3575
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/15/2024 5:47 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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