LP.com

14243 Victory is a new construction, cash-flow stabilized apartment building that has everything an investor can ask for! Built in 2022, the property is free of any rent control restrictions in the always strong San Fernando Valley rental market. The property has a total of 5 units (Four Units + ADU) that has an incredible unit mix consisting of: Two (4 bedroom/4 bathroom) Townhomes, One (4 bedroom/3 bathroom) Townhome, One (2 bedroom/2 bathroom) unit and One spacious (1 bedroom/1bathroom) apartment. Tenants pay for all utilities. Plenty of onsite parking. Aside from the amazing property highlights, the current loan is assumable at 3.25% fixed interest rate with three and a half years left on the term! Unheard of in today's climate of climbing rates! Located in one of the best pockets of Van Nuys, near city hall, the building is only a few minutes away from Sherman Oaks to the South. Please do not disturb tenants.