14758 Victory Boulevard
Description
Current rents have...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.
- Listed by Akash Saini • DRE #02010158 • Keller Williams Encino/Sherman Oaks • 916-704-4184
Property Details for 14758 Victory Boulevard
Property Details for 14758 Victory Boulevard
| Status | Active |
|---|---|
| MLS # | SR24174399 |
| Days on Market | 57 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1964 |
| County | Los Angeles County |
Building Information for 14758 Victory Boulevard
Property Information for 14758 Victory Boulevard
- Tenant Pays: Electricity, Gas
- Gross Income: $152,526
- Gross Scheduled Income: $152,526
- Net Operating Income: $94,512
- Laundry Income: $113
- Cap Rate: 5.73
- Operating Expense: $53,439
- Fuel Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Block: 65
- Tax Tract Number: 1200
- Tax Census Tract: 1283.02
- CFD/Mello-Roos Fee: $0
- Tax Lot: 6
- Community Features: Valley
- Laundry: Yes
- Laundry Features: Common Area
- Laundry Equipment Own Lease: Lease
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Entry Location: Main Road
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 6-10 Units/Acre
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 8
- Unit Type Units Total: 5
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,471
- Unit Type Total Rent: $7,353
- Unit Type Pro Forma: 9000
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,400
- Unit Type Total Rent: $1,400
- Unit Type Pro Forma: 2050
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,923
- Unit Type Total Rent: $3,845
- Unit Type Pro Forma: 4200
- Unit Type Type: 3
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 8
- Number Of Separate Gas Meters: 9
- Number Of Separate Water Meters: 1
- Number Wall AC: 8
Property History for 14758 Victory Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 14758 Victory Boulevard
Schools near 14758 Victory Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Sylvan Park Elementary School PublicK to 5 | ||
Van Nuys Middle School Public6 to 8 | ||
Van Nuys Senior High School Public9 to 12 | ||
Will Rogers Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Encino/Sherman Oaks, Akash Saini, DRE #02010158
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.