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13357 Victory Blvd, Van Nuys, CA 91401

Sale Price: $1,750,000
Oct 16, 20244,471 sqft10 beds7 baths
Listed by: Miguel Gonzalez
License #: 01875209
Phone #: 909-500-8454
eXp Realty of California Inc
Source:
CRMLS Logo
MLS #: 24453827

Property Description

This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$30,036

TurboHome Estimated Value

$1,876,200

$420 sqft

High Valuation
$1,970,010
$441/sqft
Normal Valuation
$1,876,200
$420/sqft
Low Valuation
$1,782,390
$399/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$420/sqft$1,876,200

Neighborhood: North Hollywood

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Comparative Value

$1.38M

$1.47M

$1.55M

$1.75M

$1.75M

6444 Mammoth Ave, Van Nuys, CA 91401

Sale Price: $1,375,000

Selected Comparable

6120 Radford Ave, North Hollywood, CA 91606

Sale Price: $1,474,000

Selected Comparable

11415 Miranda St, North Hollywood, CA 91601

Sale Price: $1,550,000

Selected Comparable

13357 Victory Blvd, Van Nuys, CA 91401

List Price: $1,750,000

Subject Property

13357 Victory Blvd, Van Nuys, CA 91401

Sale Price: $1,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
13357 Victory Blvd, Van Nuys, CA 91401

13357 Victory Blvd, Van Nuys, CA 91401

List: $1,750,000

Listed: 10/16/2024

Area:4,471 sqft
Price/sqft:$391
Beds:10
Baths:7
Year Built:
Lot Size:6,613

Comparable Properties

COMPARABLE
Choose comps
13357 Victory Blvd, Van Nuys, CA 91401

13357 Victory Blvd, Van Nuys, CA 91401

Sale: $1,750,000

3/14/20250.00 mi

Area:4,471 sqft
Price/sqft:$391
Beds:10
Baths:7
Year Built:
Weight:30.9%
6444 Mammoth Ave, Van Nuys, CA 91401

6444 Mammoth Ave, Van Nuys, CA 91401

Sale: $1,375,000

12/27/20240.44 mi

Area:4,750 sqft
Price/sqft:$289
Beds:10
Baths:6
Year Built:
Weight:23.7%
6120 Radford Ave, North Hollywood, CA 91606

6120 Radford Ave, North Hollywood, CA 91606

Sale: $1,474,000

3/13/20251.91 mi

Area:4,516 sqft
Price/sqft:$326
Beds:10
Baths:6
Year Built:
Weight:23.4%
11415 Miranda St, North Hollywood, CA 91601

11415 Miranda St, North Hollywood, CA 91601

Sale: $1,550,000

3/25/20252.70 mi

Area:4,164 sqft
Price/sqft:$372
Beds:10
Baths:6
Year Built:
Weight:21.9%

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