13357 Victory Boulevard, Van Nuys, CA 91401

Property Description

This Is a Money Maker! Fully Rented 6-Unit Apartment Building. Discover a prime investment in this well-maintained two-story, six-unit apartment building, generating impressive monthly income of $13,000. The garage is kept for owner storage and could be rented for even more income. With the potential to increase revenue by several thousand more through assistance programs, this property is a lucrative opportunity for any investor. The building features: Unit Composition:1 spacious 3-bedroom, 2-bath apartment2 comfortable 2-bedroom, 1-bath apartments3 cozy 1-bedroom, 1-bath apartments. Each unit is adorned with elegant hardwood or bamboo flooring, creating a warm and inviting atmosphere. The property includes a lovely, enclosed courtyard, perfect for relaxation and community enjoyment. Additional highlights: Parking: Four dedicated carport spaces, with one assigned to each apartment, plus a two-car garage currently utilized for storage by the owner. Location: Centrally situated near the 405 and 101 freeways, just blocks from Los Angeles Valley College, ensuring high demand and easy access for tenants. This property not only offers solid cash flow but also presents opportunities for increased income through strategic enhancements. Don't miss your chance to invest in this exceptional asset!