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Multifamily

11601 Victory Blvd

11601 Victory Blvd, Los Angeles, CA 91606

Listing Price: $8,300,000

Cap Rate
3.61%
Number of Units
31
Occupancy
97.0%
Price/Unit
$267,742
Price/Gross SF
$352.92
Gross SF
23,518

Investment Overview

Marcus & Millichap is please to present for purchase 11601 Victory Boulevard, a 31-unit apartment complex located in North Hollywood, California. The property is just minutes away from the NoHo Arts District and the new NoHo West mega project. Additionally, the property is highly accessible to the 170 freeway, 101 Freeway, Burbank, and the red line. The turn-key investment has been meticulously maintained and is being offered with an attractive assumable loan. The property boast a highly attractive unit mix of (1) single,(17) 1+1, (12) 2+1 and (1) 2+2, ideal for this high demand rental market.

Investment Highlights

  • 25 of 31 Units Have Been Extensively Renovated
  • Below Market Assumable Loan (3.46 %)
  • Major Rental Upside (40% +/-)

Exclusively Listed By

Financing By

Multifamily

11601 Victory Blvd

Listing Price: $8,300,000

Cap Rate
3.61%
Number of Units
31
Occupancy
97.0%
Price/Unit
$267,742
Price/Gross SF
$352.92
Gross SF
23,518

Investment Highlights

  • 25 of 31 Units Have Been Extensively Renovated
  • Below Market Assumable Loan (3.46 %)
  • Major Rental Upside (40% +/-)

Investment Overview

Marcus & Millichap is please to present for purchase 11601 Victory Boulevard, a 31-unit apartment complex located in North Hollywood, California. The property is just minutes away from the NoHo Arts District and the new NoHo West mega project. Additionally, the property is highly accessible to the 170 freeway, 101 Freeway, Burbank, and the red line. The turn-key investment has been meticulously maintained and is being offered with an attractive assumable loan. The property boast a highly attractive unit mix of (1) single,(17) 1+1, (12) 2+1 and (1) 2+2, ideal for this high demand rental market.

Exclusively Listed By

Financing By

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