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14827 W Victory Blvd
Van Nuys, CA 91411 Van Nuys

$4,950,000 USD

Apartments For Sale  •  14,279 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,279 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 2021
  • Cap Rate 5.00 %
  • Zoning LAR3
58 Transit Score
85 Walk Score

Highlights

NON RENT CONTROL - Newly built gorgeous 9 unit building in the heart of the San Fernando Valley
conveniently located at Kester Ave and Victory Blvd, between Van Nuys Blvd and the 405 freeway, providing central access to major employment hubs
Quality modern construction with full subterranean parking. You could not build it for this cost today - Only $345 per foot.
Unit mix is very attractive with large 3 and 4 bedroom townhouse style units. The units range from 1350 - 1650 sq ft each
This is a low maintenance and easy management property creating stable cash flow.
Van Nuys offers more attainable rents compared to Sherman Oaks and Studio city , driving consistent tenant demand.

Property Flyers

Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
North Oak - 14827 W Victory Blvd

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Security System
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Satellite TV
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Tub/Shower
  • Views
  • Wi-Fi
  • Dining Room
  • Double Pane Windows
  • Handrails

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.4 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 6.5 mi
AirportDriveWalkDistance
Bob Hope 16 min - 7.0 mi
Los Angeles International 30 min - 20.2 mi
Long Beach (Daugherty Field) 49 min - 37.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Covered
Included in Rent: Yes
Alex Galuz 310-466-0888 KW Commercial
Alex Galuz 310-466-0888 KW Commercial