13060 Victory Boulevard
- Well maintained 20 units in Valley Glen
- Huge upside in the rents - Over 40%
- On site parking
- Large lot - 17,092 square feet
- Individually metered for gas and electricity
- New electrical panels
Property Description
20 units in Valley Glen. Long term owner - 1st time on the market in more than 30 years. The property consists of 18 - singles and 2 - 1 bedroom + 1 bath units. The square footage is 8,699 and it sits on a 17,092 square foot lot. The property was built in 1962. The rents are significantly below market. HUGE UPSIDE - RENTS ARE OVER 40% BELOW MARKET. The property is individually metered for gas and electricity. There are 20 parking spaces. Onsite laundry. Parking area has been repaved. New electrical panels. Close to shops, restaurants, NoHo Arts District, Warner Brothers Studios, Universal Studios, Burbank Airport and easy freeway access.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,740,000 |
| No. of Units: | 20 |
| Year Built: | 1962 |
| Lot Size: | 0.39 Acres |
| Opportunity Zone: | No |
| Price per unit: | $137,000 |
| Property Website | Click Here |
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Rick Recckio
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Eamonn McConnell
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Lenders
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout