$3,175,000 14218 Victory Boulevard Van Nuys, CA

MLS: SR17190044   Type: Income   County: Los Angeles   City: Van Nuys   Zip: 91401  

Mortgage $14,906 /mo



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We are proud to represent the 8 unit townhouse style apartment building located in the dramatically improving rental pocket in Van Nuys. 7 of the 8 units in the property have been completely updated including updated kitchens, bathrooms, new appliances, flooring, and the addition of washer and dryers in these units. The building was built in 1988 and is not subject to rentcontrol. The unit mix consists of (3) one-bedroom, one and a half bathroom townhouse style units, and (5) two-bedroom, two and a half bathroom townhouse style units. The building is a total of 7,960 square feet and is situated on a 6,504 square foot lot. This Van Nuys rental community is highly desirable and centrally located, with easy access to publictransportation and freeways. The surrounding area features established residential tree-lined neighborhoods, and a variety of shopping centers and restaurants. The property is situated near the heart of Van Nuys courthouse, post office, and police station, Costco & Target, with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportation services allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for gas and electricity and features 12 Security gated parking. There is RUBS income in place for 7 of the 8 tenants.

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Price History

8/16/2017 Listed $3,175,000

Attached Structure Attached
Community Features Curbs
MLS Area VN - Van Nuys
Price Per Square Foot 398.87
Propertyattachedyn 1
Senior Community Y/N 0
Special Listing Conditions Standard
Total Units 8
Zoning LAR3

Interior Features

Average1bedareaunits Square Feet
Average2bedareaunits Square Feet
Average3bedareaunits Square Feet
Averagestudioareaunits Square Feet
Common Walls 1 Common Wall
Laundry Features Gas Dryer Hookup
Laundry Y/N 1

Exterior Features

Building Area Total 7960
Garage Spaces 13.00
Land Lease Y/N 0
Lot (Land) Features 0-1 Unit/Acre
Lot Size Acres 0.1400
Lot Size Area 6502.0000
Lot Size Source Assessor
Lot Size Square Feet 6502.00
Lotsizeunits Square Feet
Number of Buildings 1
Number of Separate Electric Meters 8
Number of Separate Gas Meters 8
Number of Separate Water Meters 1
Parking Total 13.00
Pool Features None
Private Pool Y/N 0
Water Source Public

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Property vs Zip Code Avg (91401)

Price 3.17M Avg 1.63M

Sqr Feet 7,960 Avg 4,297

Cost / Sqr Ft $399 Avg $381

Acres 0.14 Avg 0.15

Visits 3 Avg 1

Days on Site 38 Avg 38

Walkscore® 85 Avg 71

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Listing Provided Courtesy Of: Cindy Hill with Keller Williams Realty-Studio.

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Location & Address

Craig Yace
2790 Cabot Dr. #4-130
Corona, CA

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