Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    North Hollywood Fourplex Investment Opportunity Title is generated by Realmo AI

    14143 Victory Boulevard, Van Nuys, CA 91401

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fourplex in high-demand rental area near LA Valley College.

    Type:Multifamily
    Added:
    Oct 15, 2025
    Days on Market:
    227
    Last Refresh:
    Mar 18 at 7:53 am

    Property Features for 14143 Victory Boulevard

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    We can help!

    Listing Contact
    Elvin Apelian

    Listing agent Elvin Apelian License #01433009

    Listing office Equity Union

    Listing date Oct 15, 2025

    Source Crexi

    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 Equity Union

    HighLights

    • Income‑producing fourplex in a highly desirable North Hollywood location with consistent occupancy.
    • Two units built in 2015 and one remodeled unit offer modern amenities and appeal.
    • Each unit is separately metered for gas and electricity, simplifying management.
    • Conveniently located near LA Valley College, NoHo West, and major freeways.
    • One unit features new flooring, fresh paint, recessed lighting, shaker cabinets, quartz‑style counters, and a modern tiled bathroom.
    • On‑site laundry room provides added tenant convenience.

    Overview

    This fourplex presents an investment opportunity in a desirable North Hollywood location. The property features a mix of unit types, with a rear duplex constructed in 2015 consisting of two 2-bedroom, 2-bathroom units, and two front units originally built in 1939, each with 1 bedroom and 1 bathroom. One of the front units has been remodeled with new flooring, fresh interior paint, recessed lighting, shaker cabinets, quartz-style counters, and a modern tiled bathroom. Each unit is separately metered for gas and electricity. An on-site laundry room provides added tenant convenience. Recent upgrades include fresh exterior paint on the front building and other property improvements. The property is located near LA Valley College, NoHo West, and major freeways, in a high-demand rental area with consistent occupancy and strong tenant appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Van Nuys
    County
    Los Angeles
    State
    California
    Longitude
    -118.441426
    Latitude
    34.1868283

    Nearby Similar for Sale

    • $2,700,000
      4,080 SF

      Renovated Triplex in Van Nuys

      Modern, renovated triplex with spacious units near shopping and dining.
      7010 Lennox Avenue, Van Nuys, CA 91405
      View Details
    • $120,000

      Established Auto Body Repair Business

      Turnkey auto body and collision repair business in Van Nuys.
      14701 Calvert Street, Van Nuys, CA 91411
      View Details
    • $2,730,000
      8,830 SF

      Van Nuys Multifamily Investment Opportunity

      Ten-unit apartment building in Van Nuys with convenient freeway access.
      7437 Haskell Avenue, Van Nuys, CA 91406
      View Details
    • $928,000
      1,742 SF

      Commercial Property on Sepulveda Boulevard

      Commercial property in high-traffic area with excellent visibility.
      7214 Sepulveda Boulevard, Van Nuys, CA 91405
      View Details
    • $1,550,000
      2,231 SF

      Remodeled Triplex on Large Lot

      Remodeled triplex in Van Nuys with permits for additional unit.
      14918 Wyandotte, Van Nuys, CA 91405
      View Details
    • $2,900,000
      10,793 SF

      Van Nuys Multifamily Investment Opportunity

      Multifamily property in a high-demand rental corridor.
      13825 Vanowen St, Van Nuys, CA 91405
      View Details
    • $3,198,000
      11,124 SF

      Valley Glen Multifamily Investment

      Well-maintained 11-unit apartment building in Valley Glen.
      13520 Victory, Van Nuys, CA 91401
      View Details
    • $1,575,000
      4,063 SF

      Lake Balboa Quadruplex Investment Opportunity

      Income-producing Van Nuys quadruplex with remodeled units and ample parking.
      6550 Balboa, Van Nuys, CA 91406
      View Details
    • $365,000

      Turnkey Collision Center in Van Nuys

      Fully equipped collision center for sale in Van Nuys.
      7620 Balboa Boulevard, Van Nuys, CA 91406
      View Details
    • $1,799,000
      6,450 SF

      Van Nuys Multifamily Investment

      Nine-unit apartment building in Van Nuys with freeway access.
      15919 Vanowen Street, Van Nuys, CA 91406
      View Details
    • $2,900,000
      7,250 SF

      Van Nuys Event Venue Opportunity

      Unique commercial property in high-traffic Van Nuys location.
      6265 Van Nuys Boulevard, Van Nuys, CA 91401
      View Details
    • $1,500,000
      2,840 SF

      Remodeled Duplex in Van Nuys

      Two fully remodeled homes on a gated lot in Van Nuys.
      6424 Densmore, Van Nuys, CA 91406
      View Details

    FAQs

    What type of property is this?
    Quadplex - Fourplex in high-demand rental area near LA Valley College.
    Where is this quadplex located?
    The property is located at 14143 Victory Boulevard Van Nuys, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Income‑producing fourplex in a highly desirable North Hollywood location with consistent occupancy.; Two units built in 2015 and one remodeled unit offer modern amenities and appeal.; Each unit is separately metered for gas and electricity, simplifying management.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Elvin Apelian
    Real Estate License ID: 01433009
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14143 Victory Boulevard, Van Nuys, CA 91401
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!