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14243 Victory BLVD Van Nuys, CA 91401
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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
Garage Assigned
Parking Type 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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Bought with Henry Horn • Compass
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