Exceptional Investment Opportunity: Two Adjacent Properties in Prime Van Nuys LocationWe are pleased to present a rare opportunity to acquire two adjacent properties in the heart of Van Nuys, offering approximately 15,000 square feet of land each, for a combined total of 30,000 square feet. Located at 15471 Victory Blvd, Van Nuys, CA 91406, these properties are ideally situated for developers, builders, and investors looking to capitalize on a high-demand, rapidly growing area.The larger parcel is already approved for a state-licensed 99-child school, providing immediate development potential for educational facilities. Alternatively, these properties are perfectly suited for multi-family residential development, such as apartment complexes, townhomes, or other commercial ventures. With existing structures totaling 1,808 square feet, there is ample space for creative development and expansion.The location offers unparalleled convenience, with easy access to major highways, public transit, and a variety of shopping centers and dining options. Its central position within a high-demand area ensures that this property is an attractive spot for future residents or businesses, offering strong potential for long-term growth and profitability.Opportunities like this are rare in Van Nuys, a community that continues to see strong appreciation in property values. Whether you are looking to build an educational facility, develop residential units, or explore other commercial possibilities, this is a prime investment in one of Los Angeles' most sought-after locations.Contact us today to learn more about this exceptional opportunitythis unique investment won't last long!
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 1949
Stories: 1
Living Area: 1,808 SqFt
Listing Office:
Office Name: Keller Williams Studio City
Office Phone: (818) 432-1500
Listing Agent: Gevorg Sahakyan
Interior Features
Interior Information:
Flooring Type: Laminate
Fireplace: Gas
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: At the intersection of Victory Boulevard and Firmament Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $1,531,376
Price Per SqFt: $847/SqFt
Tax Information:
Annual Amount: $1,691
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $509.8K more than the Median Sold Price and $207/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24462027
Listing Office:
Office Name: Keller Williams Studio City
Office Phone: (818) 432-1500
Listing Agent: Gevorg Sahakyan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 5:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,691
$107,760
2020
$1,649
$106,656
2019
$1,528
$104,565
2018
$1,498
$102,515
2017
$1,498
$100,506
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,711
Per Month
Principal & Interest
$7,644
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,658
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
2
/10
Columbus Avenue Elementary School
6700 Columbus Ave
Distance between this listing and this school0.60 miles
Public District Grades KG-5
3
/10
Sylvan Park Elementary
6238 Noble Ave
Distance between this listing and this school0.62 miles
Public District Grades KG-5
6
/10
Bassett Street Elementary School
15756 Bassett St
Distance between this listing and this school0.65 miles
Public District Grades KG-5
Nearby Schools
4
/10
Valley Charter Middle School
14646 Sherman Way
Distance between this listing and this school1.42 miles
Public Charter Grades 6-8
5
/10
Lashon Academy
7477 Kester Ave
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
5
/10
High Tech la Middle School
5435 Vesper Ave Rm B50
Distance between this listing and this school1.67 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Will Rogers Continuation
14711 Gilmore St
Distance between this listing and this school1.00 miles
Public District Grades 9-12
7
/10
Van Nuys Senior High School
6535 Cedros Ave
Distance between this listing and this school1.03 miles
Public District Grades 9-12
6
/10
Champs - Charter High School of Arts-Multimedia & Performing
6842 Van Nuys Blvd
Distance between this listing and this school1.47 miles
The neighbors living near this home have an average income of $64,335. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15471 Victory Blvd
What is the listing price of this property?
The listing price of 15471 Victory Blvd property is $1,531,376.
What type of property is this?
The property 15471 Victory Blvd is a house located in Van Nuys, California, 91406.
Is this property for sale now?
Active Listing: 15471 Victory Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,691 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 15471 Victory Blvd has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 15471 Victory Blvd is 1,808 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 15471 Victory Blvd is 1949.
This home is located at 15471 Victory Blvd in Van Nuys, CA and zip code 91406 in the The San Fernando Valley neighborhood. This 1,808 square foot home, which was built in 1949, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,531,376.
In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.