14
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$1,299,995
Est. payment /mo
3,468 SqFt
Active
13350 Victory Boulevard Van Nuys (los Angeles), CA 91401
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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
HOA Y/N No
Year Built 1951
Lot Size 6,120 Sqft
Acres 0.14
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
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 2330002015
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Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289