9-Unit Townhouse-Style Apartment
For Sale
$4,500,000
14827 Victory Blvd, Van Nuys, CA 91411
Residential Income, Van Nuys, CA
Property Size14,279 SF
Lot Size0.15 Acres
Price / SF$315.15
Days on Market213
Property Features for 14827 Victory Blvd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Full bathrooms
10
Rooms
Bathroom 1, Bathroom 2, Bathroom 6, Bathroom 8, Bathroom 10, Bathroom 4, Bathroom 7, Bathroom 3, Bathroom 5, Bathroom 9
Parking
16
Directions
Victory Blvd at Kester Ave. Between 405 Freeway and Van Nuys Blvd.
Subdivision
East Van Nuys
Standard status
Active
APN
2236-020-029
Size
14,279 SF
Lot size
0.15 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2021
Floors in Building
4
Number of units
9
Listing Agency:
Keller Williams Studio City · Keller Williams Realty
(818) 432-1500
Listed By:
Alex Galuz · License #01291486
(310) 466-0888
Added: Mar 15
Changed: Oct 12
Last Checked: Oct 13 at 1:06PM
MLS# 26664759
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 2021, this 14,279-square-foot apartment property contains nine townhouse-style residences. Units range from 1,350 to 1,650 square feet and feature three- or four-bedroom layouts. Below-grade parking serves the building, which has central heating and central air conditioning. The property is zoned LAR3 and is identified as non-rent-controlled.
The building is at Victory Boulevard and Kester Avenue, between Van Nuys Boulevard and the 405 freeway. Its 0.148-acre site is in Van Nuys, California.
The building is at Victory Boulevard and Kester Avenue, between Van Nuys Boulevard and the 405 freeway. Its 0.148-acre site is in Van Nuys, California.
Key Highlights
- Nine apartment units in townhouse‑style layouts
- Unit sizes range from 1,350 to 1,650 square feet
- Three- and four‑bedroom unit mix
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$229,761
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,595,220
$4.6M
Cap Rate 7%
$3,282,300
$3.3M
Cap Rate 9%
$2,552,900
$2.6M
Market Conditions
NOI Build-Up for 14,279 SF
Gross rent
$454.1K $31.80/SF
− Vacancy
−$36.3K −$2.54/SF
EGI
$417.7K $29.26/SF
− OpEx
−$188.0K −$13.17/SF
NOI
$229.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,595,220
Cap Rate 7%
$3,282,300
Cap Rate 9%
$2,552,900
Alternative Uses
Best Use
Apartment 5plus
$3.28M
$2.87M – $3.83M
NOI $229,761 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.64M
$6.69M – $8.92M
NOI $535,144 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
9
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,470
Businesses Nearby
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Large three- and four-bedroom layouts are paired with below-grade parking and central heating and air conditioning.
Where is this apartment building located?
The property is located at 14827 Victory Blvd Van Nuys, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Nine apartment units in townhouse‑style layouts; Unit sizes range from 1,350 to 1,650 square feet; Three- and four‑bedroom unit mix
