We are proud to represent this 4-unit apartment building in Lake Balboa area of Van Nuys.
The property has an excellent unit mix, consisting of (2) 1+1 units and (2) 2+1 units. With a lot size of 5,999 square feet, the property has a total of 4,036 rentable square feet. Two units have been completed renovated. The property features enclosed garages, an on-site laundry room, and new windows in the renovated units.
The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
The property is separately metered for water and electricity.
Sold for $1,395,000
Listing Provided by: Equity Union
Bought with: Real Brokerage Technologies
$1,395,000
16011 Victory Blvd, Van Nuys, CA 91406
6beds
4baths
4,036sqft
Multi Family
Built in 1953
-- sqft lot
$1,381,900 Zestimate®
$346/sqft
$2,224 Estimated rent
Home value
$1,381,900
$1.24M - $1.53M
$2,224/mo
Zestimate® history
Owner options
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$2,224/mo
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$2,224/mo
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$8,836/mo
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$8,836/mo
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Enclosed garages
Zillow last checked:
Listing updated:
Listing Provided by:
Cindy Hill DRE #00885625 818-640-4360,
Equity Union
Bought with:
Ivonne Navarro, DRE #02187208
Real Brokerage Technologies
Source: CRMLS,MLS#: SR25029909
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,036
- Total interior livable area: 4,036 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,001 sqft
- Features: Rectangular Lot
Details
- Parcel number: 2233023015
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban, Urban, Valley
Location
- Region: Van Nuys
Other
Other facts
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2025 | Sold | $1,395,000$346/sqft |
Source:  CRMLS #SR25029909 Report a problem | ||
| 2/28/2025 | Pending sale | $1,395,000$346/sqft |
Source: CRMLS #SR25029909 Report a problem | ||
| 2/10/2025 | Listed for sale | $1,395,000+7.7%$346/sqft |
Source: CRMLS #SR25029909 Report a problem | ||
| 9/7/2022 | Sold | $1,295,000-7.2%$321/sqft |
Source: Public Record Report a problem | ||
| 8/9/2022 | Pending sale | $1,395,000+384.4%$346/sqft |
Source: CRMLS #SR22175281 Report a problem | ||
| 12/3/1999 | Sold | $288,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,596 +1.1% | $1,347,318 +1.9% |
| 2024 | $16,410 +2% | $1,321,920 +2% |
| 2023 | $16,095 +23% | $1,296,020 +210% |
| 2022 | $13,089 +145.6% | $418,121 +2% |
| 2021 | $5,329 -0.9% | $409,943 +1% |
| 2020 | $5,375 | $405,751 +2% |
| 2019 | $5,375 +6.2% | $397,816 +2% |
| 2018 | $5,063 | $390,036 +2.3% |
| 2017 | $5,063 +2.1% | $381,389 +2% |
| 2016 | $4,956 +3.2% | $373,911 +1.5% |
| 2015 | $4,802 +0.5% | $368,295 +2% |
| 2014 | $4,776 | $361,081 +2.5% |
| 2012 | -- | $352,404 +2% |
| 2011 | -- | $345,495 +0.8% |
| 2010 | -- | $342,913 -0.2% |
| 2009 | -- | $343,729 +2% |
| 2008 | -- | $336,990 +2% |
| 2007 | -- | $330,383 +2% |
| 2006 | -- | $323,906 |
| 2005 | -- | $323,906 +4% |
| 2004 | -- | $311,330 +1.9% |
| 2003 | -- | $305,625 +2% |
| 2002 | -- | $299,634 +4% |
| 2000 | -- | $288,000 |
Find assessor info on the county website
Neighborhood: Lake Balboa
Nearby schools
GreatSchools rating
- 4/10Bassett Street Elementary SchoolGrades: K-5Distance: 0.6 mi
- 6/10William Mulholland Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Birmingham Community Charter High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$1,381,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,381,900
- California
- Los Angeles County
- Los Angeles
- 91406
- Lake Balboa
- 16011 Victory Blvd
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