13350 Victory Boulevard Active Save Request In-Person Tour Request Virtual Tour
Van Nuys (los Angeles),CA 91401
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,468 sqft
Price per Sqft $374
MLS Listing ID CL25565131
Year Built 1951
Lot Size 6,120 Sqft
Property Sub-Type Other
Property Description
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.
Location
State CA
County Los Angeles
Zoning LAR3
Building
New Construction No