14153 VICTORY

Van Nuys , CA 91401

MLS#: 19453080

$9,200,000

Status: Closed
Listing number: 19453080
Listing provided by: Matthews Real Estate Investment Services
Listing agent phone: None
Last update: 3 months ago
On site: 6 years ago
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Property

Beds

36

Full Baths

None

1/2 Baths

None

Year Built

1977

Sq.Footage

21,284

The Victory presents a rare opportunity to own a completely remodeled 32-unit apartment building in Van Nuys, CA. The property offers an excellent unit mix of 29 one-bedroom, one-bath, 2 two-bedroom, one-bath and 1 three-bedroom, two-bath. 24 units have been remodeled to provide a high-end mid-century modern appeal.There is an additional 42% rent upside in the remaining 7 units that yet to be remodeled. Key unit features include stainless steel appliances, quartz countertops, recessed lighting, brass fixtures, central Quiet Split system air conditioning, ceiling fans, and vinyl wood flooring. Additionally, the community provides tenants with a central courtyard, controlled gated access, parking, and an on-site laundry facility. Situated in one of the highest density rental markets in Los Angeles, the property offers an excellent walk score of 81. Tenants can enjoy an easy lifestyle with nearby restaurants, coffee shops, shopping, and entertainment.

Features & Amenities

Interior

  • Total Bedrooms

    36

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Community Structure

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.4455

  • Property Type

    Residential Income

Price

  • Sales Price

    $9,200,000

  • Sq. Footage

    21, 284

  • Price/SqFt

    $432

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

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Los Angeles

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Listing Courtesy of Daniel Withers , Matthews Real Estate Investment Services

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The Victory presents a rare opportunity to own a completely remodeled 32-unit apartment building in Van Nuys, CA. The property offers an excellent unit mix of 29 one-bedroom, one-bath, 2 two-bedroom, one-bath and 1 three-bedroom, two-bath. 24 units have been remodeled to provide a high-end mid-century modern appeal.There is an additional 42% rent upside in the remaining 7 units that yet to be remodeled. Key unit features include stainless steel appliances, quartz countertops, recessed lighting, brass fixtures, central Quiet Split system air conditioning, ceiling fans, and vinyl wood flooring. Additionally, the community provides tenants with a central courtyard, controlled gated access, parking, and an on-site laundry facility. Situated in one of the highest density rental markets in Los Angeles, the property offers an excellent walk score of 81. Tenants can enjoy an easy lifestyle with nearby restaurants, coffee shops, shopping, and entertainment.

14153 VICTORY

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