Van Nuys, CA 91401 14243 Victory Boulevard
$2,725,000
Pending
0 more
Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;
Beds • 15
Baths • 14
SQFT • 5,888
Home Details
14243 Victory is a 2022 construction, cash-flow stabilized apartment building that has everything an investor can ask for! The property is free of any rent control restrictions in the always strong San Fernando Valley rental market. The property has a total of 5 units (Four Units + ADU) that has an incredible unit mix consisting of: Two (4 bedroom + 4 bathroom) Townhomes, One (4 bedroom + 3 bathroom) Townhome, One (2 bedroom + 2 bathroom) unit and One spacious (1 bedroom + 1bathroom) apartment. Tenants pay for all utilities. Plenty of onsite parking.Aside from the amazing property highlights, the current loan is assumable at 3.25% fixed interest rate with two and a half years left on the term! Unheard of in today's climate of high rates! Located in one of the best pockets of Van Nuys, near city hall, the building is only a few minutes away from Sherman Oaks to the South. Please do not disturb tenants.
Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;
Interior Features for 14243 Victory Boulevard
Bedrooms
Total Bedrooms15
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths14
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 14243 Victory Boulevard
Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.05
Carport Y/NNo
CityVan Nuys
CoolingCentralAir
CountyLos Angeles
Days on Market17
DirectionsLocated between Van Nuys Blvd and Hazeltine Ave
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income195000.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6498.0
Lot Size UnitsSquareFeet
MobileHomeRemainsYNNo
Net Operating Income137518.0
New ConstructionNo
NumberOfUnitsTotal5
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built2022
Year Built SourceBuilder
ZoningLARD1.5
Exterior for 14243 Victory Boulevard
Building Area Total5888.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x130
Lot Size Acres0.1492
Lot Size Area6498.0
Lot Size SourceOther
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking5.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480