Van Nuys, CA 91401,14243 Victory BLVD
Van Nuys, CA 91401,14243 Victory BLVD
Van Nuys, CA 91401,14243 Victory BLVD
$2,665,000
Est. payment /mo
$2,725,000
2.2%
Est.Price: ?

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15 Beds
14 Baths
5,888 SqFt
SOLD DATE : 10/25/2024

Key Details

Sold Price $2,665,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,888 sqft

Price per Sqft $452

MLS Listing ID 24437981

Sold Date 10/25/24

Bedrooms 15

HOA Y/N No

Year Built 2022

Lot Size 6,499 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2237020035

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Enrique Viramontes • Remax Commercial and Investment Realty
Bought with Henry Horn • Compass

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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