14243 Victory Boulevard Van Nuys, CA ^$ 2,875,000

14243 Victory Boulevard

^$ 2,875,000

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14243 Victory Boulevard

Van Nuys, CA, 91401

^$ 2,875,000

Studio Baths0.0 Sq 5,888

Monthly Estimate*

^$ 20,083

14243 Victory Boulevard, Van Nuys, CA 91401 - Image 1

14243 Victory Boulevard, Van Nuys, CA 91401 - Image 2

14243 Victory Boulevard, Van Nuys, CA 91401 - Image 3

14243 Victory Boulevard, Van Nuys, CA 91401 - Image 4

14243 Victory Boulevard, Van Nuys, CA 91401 - Image 5

Studio

Multi-Family Home for sale in Van Nuys, CA

for $2,875,000. This 5,888 square foot home was built in 2022 on a lot size of 0.15.

14243 Victory is a new construction, cash-flow stabilized apartment building that has everything an investor can ask for! Built in 2022, 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 three and a half years left on the term! Unheard of in today's climate of climbing 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.

Multi-Family Active

Price

^$ 2,875,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.15

Year Built

2022

Town/City

Van Nuys

County/Region

Los Angeles

MLS | Web ID

0023250999

Features

General

Heating Central

Cooling Central Air

Zoning LARD1.5

Year Built 2022

Levels Three or More

County Los Angeles

Net Operating Income 130650.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Van Nuys

Buyer Agent Compensation 2.00

Senior Community Y/N No

Lot Size Square Feet 6498.0

Street Name Victory

Standard Status Active

Year Built Source Other

Buyer Agent Compensation Type %

Interior

Kitchen Appliances Dishwasher Microwave

Total Stories 3

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Boulevard

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 6498.0

Building Area Total 5888.0

Lot Dimensions 50x130

Lot Size Acres 0.15

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Enrique Viramontes

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$20,083

Per Month

Monthly Principal & Interest: $20,083
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Van Nuys, CA

Average List Price ^$2,936,936

Percent of Sale Price 2%

About Van Nuys, CA

172,355 Population

0% Since 2002

^$0 Median Income

0 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2023	$2,875,000	-0.86%	Price Down
3/15/2023	$2,900,000		Listed Price

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14243 Victory Boulevard, Van Nuys, CA, 91401 is a Multi-Family Home for sale at $2,875,000 with 5,888 sqft and a lot size of 0.15. 14243 Victory Boulevard is a studio with 0.0 baths and was built in 2022. The property's zip code is 91401 which is in Van Nuys, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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14243 Victory Boulevard

Multi-Family Home for sale in Van Nuys, CA

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