Property Details
About this Property
15047 Victory is a charming 1940's duplex delivered 50% vacant and located within walking distance of Sepulveda & Victory's shops, businesses, and restaurants. Each unit is over 1,000 sq ft and features beautiful design elements and well-designed floor plans, making them perfect candidates for a cosmetic fix + flip or hold + cash flow. Situated on a 6,301 sq ft LAR3 lot, the property also offers potential for an ADU in the rear or new construction, providing tremendous upside potential. This two-story duplex boasts incredible curb appeal, lush landscaping, and a private gate. It includes two spacious 2-bedroom, 1-bathroom units: one upstairs (vacant) and one downstairs leased for $2,300, eligible for a rent increase as of February 2024. The renovated upstairs unit is projected to rent for $2,500, bringing the cap rate to 4.34%. Recent improvements since 2019 include new exterior painting, re-piping, roof insulation, rodent proofing, foundation repair, electrical rewiring, washer sewage line replacement, and various system updates. Each unit has its own laundry room, and there is ample parking with a 2-car garage, a 1-car garage, and about 6 exterior spots. Located near Sherman Oaks and Balboa Park, this property is ideal for a new apartment building, condos, or a small lot subd
MLS Listing Information
MLS #
CRBB24115647
MLS Source
California Regional MLS
Interior Features
Appliances
Dishwasher, Other, Oven - Gas, Oven Range - Gas, Refrigerator, Dryer, Washer
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage, Gate/Door Opener, Off-Site Parking, Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 1 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,092 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
15047 Victory Bld is a Duplex in Van Nuys, CA 91411. This – square foot property sits on a 6,301 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $900,000 and was built in 1948. This address can also be written as 15047 Victory Bld, Van Nuys, CA 91411.
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This listing information is up-to-date as of September 06, 2024. For the most current information, please contact Elizabeth Maddox
