14230 Victory Boulevard

Van Nuys , CA 91401

MLS#: 23251389

$5,850,000

Status: Closed
Listing number: 23251389
Listing provided by: Matthews Real Estate Investment Services
Listing agent phone: None
Last update: 4 months ago
On site: 2 years ago
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Property

Beds

30

Full Baths

None

1/2 Baths

None

Year Built

1988

Sq.Footage

15,784

We are proud to present 14230 Victory Blvd. 14230 Victory Blvd. is a 16-unitproperty, 15,784 square foot building on a 0.29-acre lot and was built in 1988. Thebuilding consists of (2) one-bedroom one-bathroom units, and (14) two-bedroomtwo-bathroom units.The property is in Van Nuys, a core location within the San Fernando Valley, nearthe intersection of Victory Blvd and Hazeltine Avenue. Residents can enjoy easyaccess to the 405, 170, & 101 freeways, Hollywood Burbank Airport, and manyrestaurants and retail outlets.

Features & Amenities

Interior

  • Total Bedrooms

    30

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2951

  • Property Type

    Residential Income

Price

  • Sales Price

    $5,850,000

  • Sq. Footage

    15, 784

  • Price/SqFt

    $370

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Daniel Withers , Matthews Real Estate Investment Services

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(818) 321-0175

Lina@theosrealty.com


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We are proud to present 14230 Victory Blvd. 14230 Victory Blvd. is a 16-unitproperty, 15,784 square foot building on a 0.29-acre lot and was built in 1988. Thebuilding consists of (2) one-bedroom one-bathroom units, and (14) two-bedroomtwo-bathroom units.The property is in Van Nuys, a core location within the San Fernando Valley, nearthe intersection of Victory Blvd and Hazeltine Avenue. Residents can enjoy easyaccess to the 405, 170, & 101 freeways, Hollywood Burbank Airport, and manyrestaurants and retail outlets.

14230 Victory Boulevard

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Presenting a rare ground-up multifamily development opportunity in Van Nuys, currently under construction with anticipated completion by January 2026. This offering provides investors with flexible delivery options either as-is for those seeking to complete the construction process or fully built and ready for lease-up and stabilization. At market rents, the project is projected to achieve an approximate 5% CAP rate. Additionally, it is uniquely situated within a federally designated Opportunity Zone, offering potential tax incentives for investors focused on long-term capital appreciation. Located in the heart of a rapidly transforming submarket, the site is surrounded by approximately 20 new multifamily developments within Van Nuys and borders high-growth neighborhoods such as Sherman Oaks and North Hollywood, where nearly 40 additional development projects are underway. Van Nuys continues to show strong rental demand and high occupancy levels, driven by a combination of job growth, population increases, and relative affordability compared to other parts of Los Angeles. The property's central location offers walkable access to local parks, Lake Balboa, coffee shops, restaurants, and everyday retail amenities. It also boasts excellent regional connectivity via the 405 and 101 freeways, Metro bus lines, and the Van Nuys Metrolink Station providing convenient access to key employment centers in Sherman Oaks, Burbank, Studio City, and Downtown Los Angeles.
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