14218 Victory Boulevard, Van Nuys, CA 91401

$3,295,000

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List Price
$3,295,000
Price Change
▼ $55,000 1778189491
Status
ACTIVE
MLS#
SR26052085
Year Built
1988
Lot Size
6,504
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
141
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Eight fully renovated two-story Townhome style 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). Significant capital improvements have been completed in recent months. Immediate upside through rental rate increases.

Additional Information

Pool Description
None
Garage Spaces Total
16
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$237,424
Operating Expense
79543

Listing courtesy of Listing Agent: Norair Aprahamian (nick@aprahamianco.com) from Listing Office: PWR Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.