14143 Victory Boulevard, Van Nuys, California 91401, Van Nuys, 91401 - 0 bed, 0 bath
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Van Nuys, California 91401
This Residential Income Fourplex represents a Strong Investment Opportunity listed at $1,400,000, which aligns with its $1,400,000 Fair Market Value. The asset features a strategic mix of a 2015-built rear duplex and two 1939 units, including one recently remodeled with quartz-style counters and a private gated yard. While maintaining a Fair Condition Rating, the property offers significant upside through the modernization of the remaining original unit. Separately metered for utilities and located near LA Valley College, this high-demand asset is ideal for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14143 Victory Boulevard Subject | $1,400,000* List Price | 0 | 0 | 3,345 | $419 | - |
A 6240 Hazeltine Avenue Active Under Contract | $1,049,000 List Price | 0 | 0 | 2,784 | $377 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This fourplex presents a mixed bag of conditions. While the rear duplex was built in 2015 and one of the original 1939 units has been extensively and thoughtfully remodeled with new flooring, modern shaker kitchen cabinets, quartz-style counters, recessed lighting, and a modern tiled bathroom (as seen in images), at least one other 1939 unit remains unremodeled and is likely significantly outdated, requiring substantial capital expenditure. The on-site laundry room features older machines. The exterior of the front building has fresh paint, indicating some upkeep. Due to the significant disparity in unit conditions, with some being excellent/good and at least one likely being very outdated, the overall property condition averages out to 'Fair'.
This fourplex is explicitly highlighted as an 'excellent investment opportunity' and an 'income-producing property,' ideal for investors seeking consistent rental income.
The property offers a blend of character from original 1939 units and modern appeal from a rear duplex built in 2015, with one older unit already thoughtfully remodeled.
Each unit is separately metered for gas and electricity, significantly reducing landlord operating costs and administrative burden by shifting utility responsibilities to tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6450, other record lot size in square feet = 6398.
While some units are new or remodeled, at least one of the original 1939 units likely remains unrenovated, potentially requiring significant capital expenditure for modernization to maximize rental income and tenant appeal across all units.
The significant age difference between the 1939 and 2015 units, coupled with partial renovations, suggests a disparity in unit quality and finishes, which could complicate rental pricing strategies and tenant expectations.
Excellent investment opportunity! This fourplex offers the perfect blend of character, comfort, and modern updates. The rear duplex (2 + 2) was built in 2015, while the two front units (1 + 1) were originally constructed in 1939, with one thoughtfully remodeled. Each unit is separately metered for gas and electricity, and the property includes an on-site laundry room for added tenant convenience. One unit has been beautifully updated, featuring new flooring, fresh interior paint, recessed lighting, a bright kitchen with shaker cabinets and quartz-style counters, a modern tiled bathroom, and a private gated yard—perfect for entertaining or enjoying a morning cup of coffee. Recent upgrades include fresh exterior paint on the front building and other property improvements that enhance curb appeal and long-term value. Conveniently located near LA Valley College, NoHo West, and major freeways, this property sits in a high-demand rental area with consistent occupancy and strong tenant appeal. An outstanding opportunity to own an income-producing property in a highly desirable North Hollywood location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,345 | 2,609 | 50% |
| Lot Size | 6,450 | 6,569 | 50% |
| Price | $1.40M | $1.16M | 50% |
| Price per sq ft | $419 | $433 | 50% |
| Built year | 1939 | 1947 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 218 | 50% |
Nov 22, 2025
$1,400,000
$1,450,000
-3% Price Drop
Initial Listing
Nov 12, 2025
$1,450,000
Initial Listing
Aug 9, 2021
$1,300,000
Public Record
Nov 12, 2010
$255,000
Public Record
Feb 26, 2007
$470,000
Public Record