1623 Victory Boulevard

Glendale, CA 91201

  • 22 Bed(s)
  • 0 Bath(s)
  • 13,786 Sqft
  • 11765
    Sqft(Lot)
$6,150,000

Description

We are pleased to present 1623 victory blvd, a 20 + 1unit apartment building located in glendale, a neighborhood in the san fernando valley. built in 1963,the property consists of (18) one-bedroom + one bathroom units, (1) one-bedroom + one-and-a-half bathroom units and (2) two-bedroom + two-bathroom units. the building is 13,786 gross square feet and sits on a 11,765 square foot lot. 1623 victory blvd is located on a charming, tree-lined street in glendale. there is no shortage of activities to explore in the area. from shopping at the burbank town center or glendale galleria to exploring griffith park and stough canyon, just a few miles away. glendale lies at the eastern end of the san fernando valley, the location provides convenient access to the 134 and 5 freeways, further extending the area's connectivity to the rest of los angeles.1623 victory blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. the property offers a initial cap rate of 4.86% with the ability to improve to a 5.31?p rate once units turnover.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48587729

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Property Details

  • Bedroom Information

    • Total Bedrooms : 22

    Bathroom Information

    • Total Baths: 22
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1963
    • Building Area Total: 13,786

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2701
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 11765

  • Listing Price Information

    • Original List Price: 6,150,000
    • Listing Contract Date: 2025-02-10

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5626017034

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 626 - Glendale-Northwest
    • Directions: On Victory between Winchester Ave and Justin Ave
    • Zoning: GLC3YY
    • Source Property Type: Residential Income
    • Area: 626 - Glendale-Northwest

    Building and Construction

    • Property Age: 62
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 13786
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/22/2025 @ 17:30

  • MLS: 25496797
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 22 bedrooms which is for sale, it has 13,786 sqft, 11,765 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Glendale , in zip code 91201, this Los Angeles County Home are nearby neighborhoods.