19604 Victory Blvd - Apartments FOR SALE


Tarzana, CA 91335
$1,425,000 USD
805-908-5431
19604 Victory Blvd, Tarzana, CA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/10
null | 5.42% Cap Rate

19604 Victory Blvd
Tarzana, CA 91335


OVERVIEW

19604–19606 Victory Blvd, Tarzana, CA 91335 Jordan Gootkin of Peak Commercial Real Estate is proud to present this income-producing residential investment opportunity in the desirable Tarzana market, featuring two leased residential units: the main residence at 19604 Victory Blvd and an ADU at 19606 Victory Blvd. Both units are currently occupied under written lease agreements, providing immediate stabilized rental income. Current scheduled rent is approximately $7,500 per month / $90,000 annually, with the main house leased at $3,800/month (month-to-month) and the ADU leased at $3,700/month (lease expires Oct 2026). The landlord does provide the main house a $150/mo credit as water for the property has a single meter that's billed to the main house lessee. The property sits on an approximately 6,839 SF / 0.16-acre lot. The main house consists of approximately 1,584 SF with 4 bedrooms and 3 full bathrooms. The ADU, built in 2022, consists of approximately 1,196 SF with 3 bedrooms and 2 full bathrooms. Both units are leased as single-family residences and include major appliances such as a refrigerator, oven/range, dishwasher, washer, and dryer. Under the lease, the tenants are responsible for electricity, trash, and internet, while water/sewer and landscaping are included in base rent. Property Insurance is currently $4,133.18/yr and the property tax is currently $8,448.47/yr. This offering provides investors with in-place tenancy, documented lease files, and stabilized monthly cash flow in a strong San Fernando Valley rental market. Buyer to verify all unit configurations, permits, zoning, income, expenses, lease terms, insurance, and property condition during due diligence. Do not disturb the property. A proof of funds statement will be required prior to scheduling tours. Please contact Jordan in order to learn more about this opportunity. Jordan Gootkin - 805-908-5431 - jordan@gootkinrealestate.com

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$513 USD /SF

# OF UNITS

2

PRICE/UNIT

$712,500

CAP RATE

5.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,839 SF

ZONING

LAR1

APN/PARCEL ID

2132-016-021

ASK ABOUT THIS PROPERTY

Jordan GootkinPeak CommercialMore Info
805-908-5431

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Jordan GootkinPeak CommercialMore Info
805-908-5431

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