14143 Victory Boulevard, Van Nuys, California 91401, Van Nuys, 91401 - bed, bath
ACTIVE$1,400,000
14143 Victory Boulevard, Van Nuys, California 91401
0Bed
0Bath
3,345Sqft
6,450Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: Explicitly highlighted as an 'Excellent investment opportunity' in a 'high-demand rental area with consistent occupancy and strong tenant appeal', indicating robust income potential.
Top Cons:
MLS Listing Discrepancy: 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.
Compared to the nearby listings
Price:$1.40M vs avg $872.5K (+$527,500)75%
Size:3,345 sqft vs avg 2,484.5 sqft50%
Price/sqft:$419 vs avg $43350%
More Insights
Built in 1939 (86 years old).
Condition: This fourplex presents a mixed condition, but overall leans towards 'Good' due to significant recent updates. The rear duplex was built in 2015, indicating modern construction. One of the original 1939 units has been extensively renovated with new flooring, fresh paint, recessed lighting, a bright kitchen featuring shaker cabinets and quartz-style counters, and a modern tiled bathroom, all appearing new or virtually new in the images. The exterior of the front building has also received fresh paint. While the condition of the second 1939 unit is not detailed, the majority of the property benefits from recent construction or extensive renovation, making it largely move-in ready with modern kitchens and bathrooms in the updated units. The lack of explicit mention of cooling systems for all units is a minor detractor.
Year Built
1939
Close
-
List price
$1.4M
Original List price
$1.45M
Price/Sqft
$419
HOA
-
Days on market
-
Sold On
-
MLS number
BB25239822
Home ConditionGood
Features
Deck
View-
About this home
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.
Price History
Date
Event
Price
08/09/21
Sold
$1,300,000
11/12/10
Sold
$255,000
02/26/07
Sold
$470,000
Condition Rating
Good
This fourplex presents a mixed condition, but overall leans towards 'Good' due to significant recent updates. The rear duplex was built in 2015, indicating modern construction. One of the original 1939 units has been extensively renovated with new flooring, fresh paint, recessed lighting, a bright kitchen featuring shaker cabinets and quartz-style counters, and a modern tiled bathroom, all appearing new or virtually new in the images. The exterior of the front building has also received fresh paint. While the condition of the second 1939 unit is not detailed, the majority of the property benefits from recent construction or extensive renovation, making it largely move-in ready with modern kitchens and bathrooms in the updated units. The lack of explicit mention of cooling systems for all units is a minor detractor.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly highlighted as an 'Excellent investment opportunity' in a 'high-demand rental area with consistent occupancy and strong tenant appeal', indicating robust income potential.
Mixed-Age Appeal with Modern Updates: The property offers a blend of character from its 1939 original units (one thoughtfully remodeled) and the appeal of newer construction with a rear duplex built in 2015, catering to a wider tenant base.
Operational Efficiency & Tenant Convenience: Each unit is separately metered for gas and electricity, reducing landlord utility costs and management, while an on-site laundry room provides a significant convenience for tenants.
Prime & Desirable Location: Strategically located near LA Valley College, NoHo West, and major freeways in a 'highly desirable North Hollywood location', ensuring strong tenant demand and accessibility.
Enhanced Curb Appeal & Value: Recent upgrades, including fresh exterior paint on the front building and other property improvements, enhance the property's curb appeal and contribute to its long-term value.
Cons
MLS Listing Discrepancy: 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.
Age of Original Units: Two front units were originally constructed in 1939, which may imply older infrastructure, systems, and potential for higher maintenance or renovation costs compared to newer properties.
Inconsistent Unit Modernization: While one 1939 unit is beautifully updated and the rear duplex is newer, the specific condition and level of modernization for the second original 1939 unit are not detailed, suggesting potential for varying unit quality.
Lack of Mentioned Cooling Systems: The property description does not specify the presence of air conditioning in any of the units, which could be a significant drawback for tenant comfort in the hot Van Nuys climate.