14243 Victory Blvd Pending

Van Nuys,CA 91401

$ 2725000

15 Beds

14 Baths

5888 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,888 sqft

Price per Sqft $462

MLS Listing ID 24-437981

Bedrooms 15

Year Built 2022

Lot Size 6,498 Sqft

Acres 0.1435

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

Area East Van Nuys

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Gas Or Electric Dryer Hookup

Exterior

Garage Assigned

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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