14218 Victory Blvd - Apartments FOR SALE


Van Nuys, CA 91401
$3,795,000 USD
818-624-3383
14218 Victory Blvd, Van Nuys, CA for Sale
$3,795,000 USD
Apartments - FOR SALE
1/12
null | 4.5% Cap Rate

14218 Victory Blvd
Van Nuys, CA 91401


HIGHLIGHTS

  • Townhome Style with Washer / Dryer in Unit
  • Year Built 1988
  • RUBS Billing

OVERVIEW

Eight fully renovated units, featuring modernized kitchens and bathrooms, new appliances, updated flooring, and in-unit washers and dryers. Originally constructed in 1988, the building is not subject to LA City RSO regulations. The unit mix includes three one-bedroom, one-and-a-half-bathroom townhouse-style units and five two-bedroom, two-and-a-half-bathroom townhouse-style units. The total building area is 7,960 square feet, situated on a 6,504 square foot lot. Additional features include individual gas and electric metering for each unit, a secure 16-space gated parking area, and RUBS (Ratio Utility Billing System).

FOR SALE DETAILS

PRICE

$3,795,000 USD

PRICE/SF

$477 USD /SF

# OF UNITS

8

PRICE/UNIT

$474,375

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAR3

APN/PARCEL ID

2240-013-008

ASK ABOUT THIS PROPERTY

Nick AprahamianPWR Property Group IncMore Info
818-624-3383

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Nick AprahamianPWR Property Group IncMore Info
818-624-3383

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.