CA > Van Nuys
Van Nuys, CA 91411,15115 Victory Blvd
Van Nuys, CA 91411,15115 Victory Blvd
Van Nuys, CA 91411,15115 Victory Blvd
52
See all 52 photos
$4,495,000
Est. payment /mo
Save
14 Beds
36 Baths
13,621 SqFt
New

15115 Victory Blvd Van Nuys, CA 91411

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
27
Jun
Sat
28
Jun
Sun
29
Jun
Nancy Archambault

Nancy Archambault

+1(702) 610-6822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,621 sqft

Price per Sqft $330

MLS Listing ID 25556481

Bedrooms 14

Year Built 1961

Lot Size 0.524 Acres

Acres 0.5244

Property Sub-Type Multi-Family

Property Description

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 10) numerous interior unit renovations. This offering includes 12 units at 15115 Victory Blvd and 20 units at 15125 Victory Blvd, totaling approximately 13,621 SF of building area on 22,845 SF of LAR3-zoned land. The unit mix is ideal for the submarket, featuring 23 Studios, 5 One-Bedroom Units, 3 Two-Bedroom Units, and 1 Three-Bedroom Unit with 40+ on-site parking spaces and on-site laundry facilities for both buildings. Centrally located, this asset is just minutes from major employment and lifestyle amenities including Costco, LA Fitness, Target, the 405 Freeway, Orange Line Busway, Woodley Lakes Golf Course, Sepulveda Basin Wildlife Reserve, and SuihoEn Japanese Garden. 15115 & 15125 Victory Blvd offer investors the rare chance to acquire a stabilized, income-producing asset with proven operational history, strong in-place cash flow, and meaningful upside potential, all in a rapidly evolving submarket with continued development and tenant demand. Contact the Listing Broker for additional information.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Inclusions 15115-15125 Victory Blvd - APNs: 2235-020-027 & 2235-020-028

Equipment Other

Exterior

Parking Features Carport

Garage Spaces 40.0

Building

Lot Description 2-4 Lots

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

GET MORE INFORMATION

agent

Nancy Archambault

Agent | RE.Nevada S.0067045.LLC

+1(702) 610-6822

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Nancy Archambault, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

15115 Victory Blvd