tomo logo

$1,649,000

Beds
Unknown
sq ft
Unknown

14758 Victory Blvd, Van Nuys, CA 91411

14758 Victory Blvd

Van Nuys, CA 91411

  • 85 days on market
    • Price drop $101,000↓
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.

Details

Property type

Apartment

Lot size

6,506 sq ft

Price per sq ft

Unknown

Year built

1964

Price History

11/06/2024
CRMLS

CRMLS #SR24174399

Price change
$1,649,000
-5.77%
10/08/2024
CRMLS

CRMLS #SR24174399

Removed
$1,750,000
08/22/2024
CRMLS

CRMLS #SR24174399

Listed
$1,750,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/15/2024 at 12:20 AM

Listing updated: 11/06/2024 at 3:35 PM

Listed by: Akash Saini, Keller Williams Encino/Sherman Oaks Phone #: (818) 475-3575

MLS: CRMLS #SR24174399

CRMLS logo

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