15115 Victory Boulevard
Van Nuys, CA 91411
Map
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1961 build
- – on site
We are proud to present 15115 & 15125 Victory Blvd, a rare 32-unit multifamily investment opportunity spanning two contiguous parcels in the heart of Van Nuys. This well-maintained portfolio is being offered at a compelling 6.01% CAP rate and 9.53GRM on current rents, with significant upside potential to a 9.58% CAP and 6.98 GRM on pro forma rents. Offered at just $140k per unit, this portfolio presents an excellent opportunity for investors to acquire a high-performing, cash-flowing asset with over 30% rental upside. Both buildings have undergone extensive capital improvements, including, 1) New roof at 15115 Victory Blvd in 2024, 2), major roof maintenance at 15125 Victory Blvd in 2024, 3) water heater replacements in both buildings, 4) full copper plumbing replacement in 2015, 5) soft-story seismic retrofit completed, 6) SB721 compliance completed, 7) new dual-pane windows on market units, 8) updated landscaping and exterior lighting, 9) fresh parking lot slurry and striping, and 10) numerous interior unit renovations. This offering includes 12 units at 15115 Victory Blvd and 20 units at 15125 Victory Blvd, totaling approximately 13,621 SF of building area on 22,845 SF of LAR3-zoned land. The unit mix is ideal for the submarket, featuring 23 Studios, 5 One-Bedroom Units, 3 Two-Bedroom Units, and 1 Three-Bedroom Unit with 40+ on-site parking spaces and on-site laundry facilities for both buildings. Centrally located, this asset is just minutes from major employment and lifestyle amenities including Costco, LA Fitness, Target, the 405 Freeway, Orange Line Busway, Woodley Lakes Golf Course, Sepulveda Basin Wildlife Reserve, and SuihoEn Japanese Garden. 15115 & 15125 Victory Blvd offer investors the rare chance to acquire a stabilized, income-producing asset with proven operational history, strong in-place cash flow, and meaningful upside potential, all in a rapidly evolving submarket with continued development and tenant demand. Contact the Listing Broker for additional information.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 24, 2025
•
MLS# 25556481 —
The Building
-
Year Built:1961
-
Year Built Source:Assessor
-
New Construction:No
-
Building Area Total:13621.00
-
Total Number Of Units:32
-
# of Buildings:2
-
Stories Total:2
-
Entry Level:1
Interior
-
Levels:Two
Location
-
Directions:Google Maps: 15115-15125 Victory Blvd, Van Nuys, CA 91411
-
Latitude:34.18699900
-
Longitude:-118.46230900
The Property
-
Property Type:Residential Income
-
Zoning:LAR3
-
Lot Size Area:22845.0000
-
Lot Size Acres:0.5244
-
Lot Size SqFt:22845.00
-
Lot Size Source:Assessor
-
Additional Parcels:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:2235020027
Appliances
-
Included:Yes
The Community
-
Inclusions:15115-15125 Victory Blvd - APNs: 2235-020-027 & 2235-020-028
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Carport
-
Parking Spaces:40.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/24/25
Jun 24, 2025
|
Listed / Active | CRMLS_CA | $4,495,000 | 13.8% (1.7% / YR) |
|
7/25/17
Jul 25, 2017
|
CRMLS_CA | $3,950,000 | 35.7% (7.9% / YR) | |
|
1/16/13
Jan 16, 2013
|
CRMLS_CA | $2,910,000 |
