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13357 Victory Blvd, Van Nuys, CA 91401

$1,920,488
Last sold 10/28/2024 for $1.75M
10
bed
7
bath
4,471
Sqft ($391/Sqft)

Multi-family not for sale

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About 13357 Victory Blvd

Property type Multi-family

Neighborhood

Year built 1956

HOA fee $0/month

Lot size 6,613 Sqft

Movoto estimate

Parking 2 garage spaces

Property description

This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!

Listed by

Listing Agent - Miguel Gonzalez

Listing Office - eXp Realty of California Inc

Source: The MLS

MLS#24-453827 • last updated 1 year ago

Movoto checked The MLS for data 7 minutes ago

Overview
Levels/Style	Two
MLS #	24-453827
Type	Residential Income
Status	Active Under Contract
SqFt	4471
Lot Size (SqFt)	6613
Lot Size (Acres)	0.1518
Year Built	1956

Interior
Total # of Baths	7
Total # of Bedrooms	10

Exterior
# Carport Spaces	4
# Garage Spaces	2
# Parking Spaces	8
Parking Desc	Carport Attached, Driveway, Garage - 2 Car
Add'l Structures	None

Amenities / Utilities
Equipment	Garbage Disposal, Refrigerator, Washer, Dryer, Range/Oven

Location
County	Los Angeles
Zoning	LAR3
APN	2329-023-009

Multifamily Details
Unit 5: # Baths	1, 1
Unit 3: Furnished	No
Unit 1: Furnished	Yes
Unit 6: Furnished	No
Unit 4: Furnished	No
Unit 5: Furnished	No
Unit 3: Projected Rent	3052
Unit 1: Projected Rent	3915
Unit 1: # Beds	3
Unit 6: # Beds	2
Unit 4: # Beds	1
Unit 1: Rent	3500
Unit 2: Rent	1995
Unit 3: Rent	1926.5
Unit 4: Rent	1905
Unit 5: Rent	1633.5
Unit 6: Rent	2260
Unit 2: Furnished	No
Unit 2: Projected Rent	2407
Unit 6: Projected Rent	3052
Unit 5: Projected Rent	2407
Unit 4: Projected Rent	2407
Unit 3: # Beds	2
Unit 2: # Beds	1
Unit 2: # Baths	1
Unit 3: # Baths	1
Unit 1: # Baths	2
Unit 4: # Baths	1
Unit 5: # Beds	1
Unit 4: Actual Rent	1905
Unit 2: Actual Rent	1995
Unit 3: Actual Rent	1926.5
Unit Type	2106, 2107, 2108, 2109, 2110, 2111
Unit 5: Actual Rent	1633.5
Unit 6: Actual Rent	2260
Unit 1: Actual Rent	3500
Total # Of Buildings	1
Expense: Pest	1000
Expense: Trash	3700
Annual Gross Income	160000
Net Operating Income	192000
Expense: Insurance	2000
Gross Income	13228
Gross Operating Income	160000
Expense: Electricity	7000
Gross Rent Multiplier	11
Expense: Gas	3600
Total Annual Expenses	31300
Expense: Water	3000