Bungalow-Style Fourplex with
11418 Victory Blvd, Los Angeles, CA 91606
For Sale
$950,000
Four one-bedroom residences with detached garages and convenient access to Metro service, shopping, dining, and employment centers.
Property Size2,340 SF
Lot Size0.16 Acres
Price / SF$405.98
Days on Market49
Property Features for 11418 Victory Blvd
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Units
Construction
Listing Agency:
Centennial Advisers
Listed By:
Justin White · License #00875427
(714) 231-2537
Source:
Elliman
Added: Sep 22
Changed: Nov 4
Last Checked: Nov 8 at 6:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Centennial Advisers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bungalow-style quadplex at 11418 Victory Blvd includes four one-bedroom, one-bath residences and four detached one-car garages. Built in 1942, the property contains approximately 2,340 square feet and occupies an approximately 7,000-square-foot LAR3 lot. Current income is in place, and the property information identifies potential for an ADU or garage conversion, subject to verification and independent due diligence.
The property is located in Valley Glen with access to the NoHo Arts District, Metro service, shopping, dining, and major employment centers. Walk Score and transit information indicate a walkable setting with available transit service, while the bike score reflects a bikeable area.
The property is located in Valley Glen with access to the NoHo Arts District, Metro service, shopping, dining, and major employment centers. Walk Score and transit information indicate a walkable setting with available transit service, while the bike score reflects a bikeable area.
Key Highlights
- Four one‑bedroom, one‑bath residences in a quadplex configuration
- Four detached one‑car garages
- Approximately 2,340 square feet on an approximately 7,000‑square‑foot LAR3 lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,865
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,300
$817.3K
Cap Rate 7%
$583,786
$583.8K
Cap Rate 9%
$454,056
$454.1K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$63.2K $27.00/SF
− Vacancy
−$4.8K −$2.05/SF
EGI
$58.4K $24.95/SF
− OpEx
−$17.5K −$7.48/SF
NOI
$40.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,300
Cap Rate 7%
$583,786
Cap Rate 9%
$454,056
Alternative Uses
Best Use
Multifamily LT 5
$583.8K
$510.8K – $681.1K
NOI $40,865 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$537.9K
$470.7K – $627.5K
NOI $37,652 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$977.0K
$854.9K – $1.14M
NOI $68,389 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,530
Businesses Nearby
Explore this area
Business Placement
Demographics for 91606, CA
43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom residences with detached garages and convenient access to Metro service, shopping, dining, and employment centers.
Where is this quadplex located?
The property is located at 11418 Victory Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath residences in a quadplex configuration; Four detached one‑car garages; Approximately 2,340 square feet on an approximately 7,000‑square‑foot LAR3 lot
