13350 Victory Blvd new Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91401
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,468 sqft
Price per Sqft $374
MLS Listing ID 25565131
Bedrooms 7
Year Built 1951
Lot Size 6,120 Sqft
Acres 0.1406
Property Sub-Type Multi-Family
Property Description
With excellent visibility along one of the San Fernando Valley's main thoroughfares, the property offers an investor the opportunity to add significant value by recapturing approximately 30% in rent upside. Five garage parking spaces in the rear of the property provide a unique amenity for this neighborhood, as well as a supplemental revenue stream. Portions of the plumbing system have already been upgraded with copper pipes. The building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, saving an owner from an otherwise costly renovation (Buyer to verify). Located near the intersection of Fulton Avenue and Victory Boulevard, the property allows tenant convenient access to the 170 and 101 Freeways. NoHo West, a newer mixed-use development, is only two miles from the building and offers residents a variety of dining and entertainment options, including Regal Cinemas, Trader Joe's, LA Fitness, Starbucks, Nordstrom Rack, and Paris Baguette.
Location
State CA
County Los Angeles
Area Valley Glen
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment None
Exterior
Parking Features Assigned
Garage Spaces 5.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard