NOT LISTED FOR SALE

14243 Victory Blvd van Nuys, CA 91401

15 Beds
14 Baths
5,888 Sq Ft
6,498 Sq Ft Lot

Last Sold October 25, 2024

Last sale price $2,665,000 $453 Per Sq Ft

17 Days on Market

Highlights

  • Tankless Water Heater
  • Van Nuys High School Rated A
  • Central Heating and Cooling System

About This Home

As of October 2024

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.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 09/10/2024

Remax Commercial and Investment Realty

Last Buyer's Agent

Henry Horn

Compass License #01707653

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2022

Lot Details

  • 6,498 Sq Ft Lot
  • Lot Dimensions are 50x130

Interior Spaces

  • 5,888 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 14 Bathrooms

Parking

  • 5 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2237-020-035

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5888
  • Lot Acreage: 0.1435
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 2022
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 15
  • Total Bathrooms: 14.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 462.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 1606500
  • Assessed Land Percent: 40
  • Assessed Land Value: 1071000
  • Total Assessed Value: 2677500
  • Assessor Parcel Number: 2237-020-035
  • Lot Size Area: 6498

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.97
  • Number Of Units: 5
  • Type Of Units: Apartment
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $2,665,000 -2.2% $453 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $2,725,000 +303.7% $463 / Sq Ft
11/01/2019 11/01/19 Sold $675,000 0.0% $771 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $675,000 +145.5% $771 / Sq Ft
10/20/2017 10/20/17 Sold $275,000 0.0% $314 / Sq Ft View Prior Sale
05/01/2017 05/01/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $275,000 -- $314 / Sq Ft
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,720 $2,665,000 $1,599,000 $1,066,000
2024 $33,720 $2,731,050 $1,092,420 $1,638,630
2023 $33,122 $2,677,500 $1,071,000 $1,606,500
2022 $20,621 $1,720,992 $695,622 $1,025,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-437981

The MLS

APN: 2237-020-021