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14804 Victory Boulevard, Van Nuys, CA 91411

Property · 2 recorded sales since 2015

14804 Victory Boulevard, Van Nuys, CA 91411 Sold May 2015 CRMLS
$1,315,000Sold May 2015

Listing Agent: Michael Dostalek (DRE #01343641) · Listing Office: A1 West Commercial Real Estate · Contact: (626) 768-0788 · Bought with: Jolanta Jonutyte · Century 21 Hollywood · MLS #P0-315002158 · Source: CRMLS

7,809 sqft
Lot Size
1971
Year Built
Property
Type
0
Garage

About this property

Low Rents, Tremendous Upside Potential for this property. Unit mix of (1) 2BD-2BA and (9) 1BD-1BA Units. 100% Occupancy with very low tenant turnover in the building. First time on the market in 17 Years. New Roof Installed in 2006, New 100 gallon water heater installed for the building in 2011. On-Site laundry room operated by owner for additional income of $125/month. 10 parking spaces in the rear with 5 being covered. Actual rents $92,232 annually with one unit being leased to the on-site manager. Proforma $100,032 rents annually with all units fully leased.

Listing description from the May 2015 sale, as reported to CRMLS.

Sale history

$1,315,000
Sold May 2015 · listed $1,425,000, on market March 2015 · MLS #P0-315002158 · Source: CRMLS
Listing Agent: Michael Dostalek · Listing Office: A1 West Commercial Real Estate · Contact: (626) 768-0788 · Bought with: Jolanta Jonutyte · Century 21 Hollywood
$1,315,000
Sold May 2015 · listed $1,425,000, on market March 2015 · MLS #315002158 · Source: CRMLS
Listing Agent: Michael Dostalek · Listing Office: A1 West Commercial Real Estate · Contact: 626-768-0788 · Bought with: Jolanta Jonutyte · Century 21 Hollywood
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