14243 Victory Blvd, Van Nuys, CA 91401
FOR SALE

14243 Victory Blvd
Van Nuys, CA 91401

Van Nuys
  • 15 Beds
  • 14 Baths
  • 5,888 sqft
  • 15 Beds
  • 14 Baths
  • 5,888 sqft

$2,875,000

Original price: $2,900,000
Est. Mortgage $18,326/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

14243 Victory is a new construction, cash-flow stabilized apartment building that has everything an investor can ask for! Built in 2022, the property is free of any rent control restrictions in the always strong San Fernando Valley rental market. The property has a total of 5 units (Four Units + ADU) that has an incredible unit mix consisting of: Two (4 bedroom/4 bathroom) Townhomes, One (4 bedroom/3 bathroom) Townhome, One (2 bedroom/2 bathroom) unit and One spacious (1 bedroom/1bathroom) apartment. Tenants pay for all utilities. Plenty of onsite parking. Aside from the amazing property highlights, the current loan is assumable at 3.25% fixed interest rate with three and a half years left on the term! Unheard of in today's climate of climbing rates! Located in one of the best pockets of Van Nuys, near city hall, the building is only a few minutes away from Sherman Oaks to the South. Please do not disturb tenants.

Home Highlights

Parking
8 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$488
Listed
180+ days ago

Home Details for 14243 Victory Blvd

Interior Features

Beds & Baths
Number of Bedrooms: 15Number of Bathrooms: 14
Dimensions and Layout
Living Area: 5888 Square Feet
Appliances & Utilities
Appliances: Dishwasher, MicrowaveDishwasherMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or More

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 8Parking: Assigned

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2022
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $2,875,000Price Per Sqft: $488

Active Status

MLS Status: Active

Location

Direction & Address
City: Van Nuys

Agent Information

Listing Agent
Listing ID: 23-250999

Building

Building Area
Building Area: 5888 Square Feet

Lot Information

Lot Area: 6246.504 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.0Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 23-250999
Last check for updates: about 21 hours ago
Listing courtesy of Enrique Viramontes DRE # 01372010, (213) 233-4363
Remax Commercial and Investment Realty, (213) 817-1000
Source: CLAW, MLS#23-250999

Price History for 14243 Victory Blvd

DatePriceEventSource
08/03/2023$2,875,000PendingToActiveCLAW #23-250999
07/18/2023$2,875,000PendingCLAW #23-250999
04/19/2023$2,875,000PriceChange
CLAW #23-250999
03/15/2023$2,900,000Listed For SaleCLAW #23-250999
03/03/2022$2,625,000Sold
N/A
11/08/2019$675,000Sold
N/A
11/30/2017$310,000Sold
N/A
06/22/2017$275,000PendingAgent Provided
04/30/2017$564,430Listed For SaleAgent Provided
02/24/2017$460,897ListingRemovedAgent Provided
12/29/2016$180,000PendingAgent Provided
12/29/2016$180,000Listed For SaleAgent Provided
11/16/2016$180,000ListingRemovedAgent Provided
06/25/2016$180,000PendingAgent Provided
06/25/2016$180,000PriceChange
Agent Provided
06/09/2016$241,312PriceChange
Agent Provided
05/21/2016$311,405PriceChange
Agent Provided
09/19/2015$325,201PriceChange
Agent Provided
09/02/2015$299,000PriceChange
Agent Provided
07/29/2015$316,141PriceChange
Agent Provided
07/03/2015$299,000PendingAgent Provided
07/03/2015$299,000PriceChange
Agent Provided
06/17/2015$316,141PriceChange
Agent Provided
06/12/2015$299,000PriceChange
Agent Provided
04/10/2015$316,141PendingAgent Provided
04/10/2015$316,141PendingToActiveAgent Provided
04/08/2015$316,141PendingAgent Provided

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Property Taxes and Assessment

Year2023
Tax$33,122
Assessment$2,677,500
Home facts updated by county records

Comparable Sales for 14243 Victory Blvd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
$3,445,000
11/03/23
14
14
7,012
0.14
Multi-Family Home
$3,700,000
11/30/23
17
17
7,788
0.33
Multi-Family Home
$1,525,000
10/27/23
10
6
4,740
0.38
Multi-Family Home
$1,560,000
02/01/24
7
8
3,780
0.66
Multi-Family Home
$1,335,000
08/10/23
12
8
4,590
0.51
Multi-Family Home
$1,300,000
10/20/23
10
6
4,790
0.69
Multi-Family Home
$1,520,000
10/02/23
8
8
4,590
0.70
Multi-Family Home
$1,590,000
08/01/23
8
8
4,984
1.06
Multi-Family Home
$3,037,500
10/16/23
15
15
7,645
0.53
Multi-Family Home
$3,500,000
09/01/23
26
19
14,982

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Van Nuys

  • Adam Harman
    "Very walkable streets and high dog population neighborhood. Lots of people out walking in the evenings on a nice day, many with baby strollers, dogs or both."
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  • Adam Harman
    "We moved to this neighborhood as a predominate work-from-home location. It’s a good community with lots of lot space where even in heavy commuter traffic you can get to the west side in ~45 mins. This feels especially satisfying compared to further out communities that people go for similar space but require 1-1.5 hour commutes each way."
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  • Adam Harman
    "Neighborhood has yearly events, such as a holiday get together and the area draws a lot of people for Halloween festivities. There’s a number of young families that have come into the area in the past couple years and there’s good above average interaction and playtime amongst them, compared to other areas of Los Angeles from experience."
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  • Daisy De La Rosa
    "Car is required. You can’t move around freely if you don’t have a car. But there is public transportation if you are willing to put up with it."
    1
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  • Trulia User
    "There are so many happy dog walkers in my neighborhood. But homeless people are lining the periphery. "
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  • Trulia User
    "Very friendly neighborhood and kid and pet friendly, in zip code 91406 the streets get re-paved like every two years or so, kids go out trick or treating, decorations are put up and taken down on time, I’ve lived 20 years here and the prices of homes have gone up more than twice of what we got it for."
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  • Trulia User
    "live in a safe area for our children, where we have many things at hand, and above all a school for them. "
    0
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  • Trulia User
    "Great place for a family , good transportation and their are school really close by , and very easy to get around , I would definitely live in this area again "
    0
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  • Trulia User
    "I’ve lived here for 2 years and have witnessed over 30 major car accidents. Buildings set ablaze by homeless, trees as well. No dog owner ever picks up their dog. And everyone speeds on most streets."
    10
    Flag
  • Trulia User
    "No parking and some people have their broken down cars sitting there and take up 3 car spaces to save parking. "
    1
    Flag
  • Trulia User
    "Van Nuys is a community full of wonderful people and families that appreciate their homes. Unfortunately, the city does not do enough to keep public area/settings clean nor well-kept. Streets are never cleaned, sidewalks dirty, roads/potholes are rarely fixed. It’s a shame to see how neglected this great city is. "
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  • Trulia User
    "my neighborhood has access to many public transportations and many stores and shopping centers. There are many great parks and things to do on the weekends. "
    0
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  • Trulia User
    "I love van nuys. It’s hold a special place in my heart. Close to public transportation. Close to major freeways too "
    0
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  • Trulia User
    "There's a lot of traffic and you basically have to run red lights to get anywhere. It's loud too. Sirens constantly go off at all times of night. I live above a bus stop so I have to listen to crack heads yell at each other all night too. Don't move here. "
    0
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  • Trulia User
    "Lack of green spaces, loud planes and traffic noises (ambulances, fire trucks etc) lack of poop bag stations while walking"
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  • Trulia User
    "People walking there dogs. No parking no laundry good the store close people nice. Market close. Food close"
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  • Trulia User
    "good quite calm area with lots of things to do and good school all around. also very pet friendly. "
    0
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  • Trulia User
    "The diversity in the people. Otherwise it's not safe, it's not very friendly, and parking sucks. I wouldn't live here again unless I had to. Which was the case for the first time. "
    6
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  • Trulia User
    "There are a decent amount of vagrants in this part of town. Overall it’s a fairly decent area with pretty good food options. "
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  • Trulia User
    "Better to have your own transportation but traffic is always an issue. The parks are somewhat maintained but there are many issues with homeless encampments in public areas."
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  • Trulia User
    "There are bus stops near the area on almost every corner but I would not suggest walking anywhere around here the people drive way too fast and there’s always somebody asking for change "
    0
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  • Trulia User
    "it's not unique, it's horrible. lots of homeless and ruse neighbor behind us on Cantaly witg 8 dogs barking 24/7. no one follows rules!!!"
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  • Candida.rodriguez11
    "Walking your dog is super stressful lots of aggressive dogs left outside to bark at you. No one picks up dog poop. "
    6
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  • Joe
    "There is an Ice Cream truck that drives around every night offering ice cream and nachos. Highly recommend "
    1
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  • Sylmarballer
    "Great food for low prices. Not far from major freeways. Flyaway to lax. Large streets and free parking. "
    6
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  • Joehernandez630
    "There’s a great school on erwin street and also by the Costco so you don’t have to worry about them having a safe place to learn. However the streets here tend to get shady at times "
    3
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  • Summer C.
    "It is dangerous at night, as a woman I do not feel safe walking alone. Not a family neighbourhood, not safe. "
    2
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  • Gowithawinner
    "I’ve lived in this area for 6 years. You have to be careful here. There are some great little neighborhood pockets with nice homes and friendly families but it’s surrounded by low income apartments and homeless camps. "
    32
    Flag
  • Dayne.stevanovic44
    "I love my building. I live at the Sherman Circle and they are great. The surrounding neighborhood is not the best though. "
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  • Trulia User
    "The transit is available in many street, you just have to know where to catch it to your destination."
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  • Olsenkris1998
    "I've lived in van Nuys for a year and just like every city in California it has it's good spots, If you move here move closer towards Sherman oaks area its much better, and safer for kids. the closer you get to panorama city and Reseda the more you will hear helicopters and see more crime"
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  • Charmar M.
    "The county doesn’t care about our community. The only special event is the Wednesday low riders on Van Nuys. "
    1
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  • Jayy C.
    "quiet area lots of crime not a lot of parking and rents are overpriced not buildings are not taken care of "
    14
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  • Christopher B.
    "It’s dirty. People have no pride in their homes, yards or neighborhoods. No one picks up their dog poop. "
    8
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  • Cesia
    "I've lived in this neighborhood 20 years, almost my whole life. It definitely gives me cozy vibes and just makes me think of family- good food, sometimes disorganized & loud, but pretty much harmless. It's definitely right in the middle of Sherman Oaks & Panorama City in many ways. "If you know, you know"."
    7
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  • Hasani.sinclair
    "To be quite honest, this doesn’t feel like an ideal neighborhood in which to raise a child, or at least, not my particular street. The smaller streets would be much more ideal"
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  • Violet E.
    "Not really a "neighborhood" type of area. Everyone keeps to their own, but if you strike up a conversation they will gladly be polite and talk with you"
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  • V90
    "This neighborhood is currently attracting allot of restless and invasive homeless people lately. At night there is allot of police activity going too."
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  • Transplant
    "Not a very safe neighborhood. Officer involved shooting in front of my home and they closed down access to the street until the following day. Lots of prostitution and drug addicts roaming around "
    1
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  • Bkny
    "People dump wherever they want. Shootings close by. People are loud. Cheap rent is the best part. Otherwise, it doesn’t feel too safe. "
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LGBTQ Local Legal Protections

Enrique Viramontes, Remax Commercial and Investment Realty
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
14243 Victory Blvd, Van Nuys, CA 91401 is a 15 bedroom, 14 bathroom, 5,888 sqft multi-family built in 2022. 14243 Victory Blvd is located in Van Nuys, Van Nuys. This property is currently available for sale and was listed by CLAW on Mar 15, 2023. The MLS # for this home is MLS# 23-250999.