CA > Glendale
Glendale, CA 91201,1623 Victory Blvd
Glendale, CA 91201,1623 Victory Blvd
Glendale, CA 91201,1623 Victory Blvd
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John Matukas

John Matukas

+1(323) 377-4961
$6,150,000
Est. payment /mo
22 Beds
22 Baths
13,786 SqFt
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UPDATED:

02/18/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,786 sqft

Price per Sqft $446

MLS Listing ID 25496797

Bedrooms 22

Year Built 1963

Lot Size 0.270 Acres

Acres 0.2701

Property Sub-Type Multi-Family

Property 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%CAP rate once units turnover.

Location

State CA

County Los Angeles

Area Glendale-Northwest

Zoning GLC3YY

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Covered Parking

Garage Spaces 18.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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John Matukas

+1(323) 377-4961

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