-
15047 VICTORY BLVD VAN NUYS, CA 91411
- Townhouse or Condo / Resale (MLS)
![](/guest/rimages/img-sample-map.png)
Property Details for 15047 VICTORY BLVD, VAN NUYS, CA 91411
Features
- Lot Size: 0.1447 acres
- Total Units: 2
- Total Rooms: 8
- Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Kitchen, Living Room
- Construction Type: Wood
Facts
- Year Built: 01/01/1948
- Property ID: 897965726
- MLS Number: BB24115647
- Parcel Number: 2235-020-021
- Property Type: Townhouse or Condo
- County: Los Angeles
- Legal Description: TRACT # 1000 E 60 FT OF W 191 FT OF S 105 FT OF N 284.10 FT OF LOT/SEC 266
- Zoning: LAR3
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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 subdivision. It is perfect for fix-and-flip investors, with nearby renovated duplexes selling at a premium and the current unit achieving an impressive rent of $2,300. This well-priced deal offers a rare investment opportunity in LA without numerous tenant buyouts. Act quickly on this duplex/land opportunity before it's gone!
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
Myunits.com
630 N. Glenoaks
Burbank
CA
91501
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
![](/guest/rimages/img-onboard.png)
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
You Might Also Like
Search Resale (MLS) Homes Near 15047 VICTORY BLVD
Zip Code Resale (MLS) Home Search
City Resale (MLS) Home Search
- Burbank, CA
- Encino, CA
- Granada Hills, CA
- Mission Hills, CA
- North Hills, CA
- Pacoima, CA
- Panorama City, CA
- Porter Ranch, CA
- Reseda, CA
- San Fernando, CA
- Sherman Oaks, CA
- Studio City, CA
- Sun Valley, CA
- Sylmar, CA
- Tarzana, CA
- Universal City, CA
- Valley Village, CA
- West Hollywood, CA
- Winnetka, CA
- Woodland Hills, CA