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13430 Victory Blvd 10 Unit Apartment Building $2,950,000 ($295,000/Unit) 4.87% Cap Rate Van Nuys, CA 91401
Investment Highlights
- Pride of ownership 10 unit apartment building in an excellent Valley Glen rental pocket of Van Nuys
- Building has an excellent unit mix consisting of 10 (2) bedroom, (2.5) bathroom townhouse units
- Tenants enjoy two parking spaces per unit and a security building
- The property is owned by the original owner builder and was built in 2003 and is subject to AB 1482 rent control
- The property has very low expenses and tenants pay for their own water, gas, and electricity
- Property has a 3 year old roof
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $295,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 4.87% | Building Size | 11,730 SF |
| Gross Rent Multiplier | 13.85 | No. Stories | 2 |
| No. Units | 10 | Year Built | 2003 |
| Property Type | Multifamily | Parking Ratio | 1.23/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR3 | ||
| Price | $2,950,000 |
| Price Per Unit | $295,000 |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| Gross Rent Multiplier | 13.85 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 11,730 SF |
| No. Stories | 2 |
| Year Built | 2003 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Wheelchair Accessible (Rooms)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2.5 | 10 | - | - |
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 2330-002-023 | Improvements Assessment | $1,191,444 |
| Land Assessment | $162,476 | Total Assessment | $1,353,920 |
Property Taxes
Parcel Number
2330-002-023
Land Assessment
$162,476
Improvements Assessment
$1,191,444
Total Assessment
$1,353,920
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13430 Victory Blvd
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