15115 Victory Boulevard, Van Nuys, CA 91411

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15115 Victory Boulevard,Van Nuys, CA 91411
$4,495,000
  • 14 Beds
  • 36 Baths
  • 13,621 sq. ft.
  • Multi-family
  • Pending
Listed by:casey lins
Office:kidder mathews of california, inc.
MLS#:25556481
Source:CRMLS

Price summary

  • Price:$4,495,000
  • Price per sq. ft.:$330.01

About this home

We are proud to present 15115 & 15125 Victory Blvd, a rare 32-unit multifamily investment opportunity spanning two contiguous parcels in the heart of Van Nuys. This well-maintained portfolio is being offered at a compelling 6.01% CAP rate and 9.53GRM on current rents, with significant upside potential to a 9.58% CAP and 6.98 GRM on pro forma rents. Offered at just $140k per unit, this portfolio presents an excellent opportunity for investors to acquire a high-performing, cash-flowing asset with over 30% rental upside. Both buildings have undergone extensive capital improvements, including, 1) New roof at 15115 Victory Blvd in 2024, 2), major roof maintenance at 15125 Victory Blvd in 2024, 3) water heater replacements in both buildings, 4) full copper plumbing replacement in 2015, 5) soft-story seismic retrofit completed, 6) SB721 compliance completed, 7) new dual-pane windows on market units, 8) updated landscaping and exterior lighting, 9) fresh parking lot slurry and striping, and

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Home facts

  • Year built:1961
  • Listing Id #:25556481
  • Added:53 day(s) ago
  • Updated:August 17, 2025 at 07:24 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:36
  • Living area:13,621 sq. ft.

Structure and exterior

  • Year built:1961
  • Building area:13,621 sq. ft.
  • Lot area:0.52 Acres

Finances and disclosures

  • Price:$4,495,000
  • Price per sq. ft.:$330.01
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