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.
For sale
$1,299,995
13350 Victory Blvd, Van Nuys, CA 91401
7beds
5baths
3,468sqft
Est.:
Multi Family
Built in 1951
-- sqft lot
$1,276,800 Zestimate®
$375/sqft
$-- HOA
What's special
Five garage parking spaces
- 105 days |
- 203 |
- 13 |
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