13060 Victory Blvd, Unit | Los Angeles Van Nuys, CA 91401
20-unit apartment building in Valley Glen with significant rental upside.
Property size:
8 SFProperty Features for 13060 Victory Blvd
General Information
- Size
- 8 SF
Building Details
- Year built
- 1962
Source:
Lee-associates
Listing Agent: Mike Salerno
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Valley Glen Multifamily Investment Opportunity
This multifamily property, located in Valley Glen, features 20 units, consisting of 18 single units and 2 one-bedroom, one-bathroom units. Constructed in 1962, the building has a total area of 8,699 square feet and is situated on a 17,092 square foot lot. The property includes 20 parking spaces and onsite laundry facilities. Recent improvements include a repaved parking area and new electrical panels. The building is individually metered for gas and electricity. The property is positioned near shops, restaurants, the NoHo Arts District, Warner Brothers Studios, Universal Studios, and Burbank Airport, with convenient freeway access. This property presents a significant opportunity due to rents being substantially below market value.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Van Nuys
- County
- Los Angeles
- State
- California
- Longitude
- -118.417876
- Latitude
- 34.186255
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FAQs
What type of property is this?
Apartment building - 20-unit apartment building in Valley Glen with significant rental upside.
Where is this apartment building located?
The property is located at 13060 Victory Blvd, Unit | Los Angeles Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,740,000.
What are key features of this property?
This property features: - Significant Rental Upside: Rents are over 40% below market, presenting a substantial opportunity to increase revenue.; - Prime Location: Close proximity to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport, and freeways.; - Individually Metered Units: Each unit is individually metered for gas and electricity, simplifying utility management and billing.