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19604 Victory Blvd 2 Unit Apartment Building $1,973,810 CAD ($986,905 CAD/Unit) 5.42% Cap Rate Tarzana, CA 91335
Executive Summary
19604–19606 Victory Blvd, Tarzana, CA 91335
Jordan Gootkin of Peak Commercial Real Estate is proud to present this income-producing residential investment opportunity in the desirable Tarzana market, featuring two leased residential units: the main residence at 19604 Victory Blvd and an ADU at 19606 Victory Blvd. Both units are currently occupied under written lease agreements, providing immediate stabilized rental income.
Current scheduled rent is approximately $7,500 per month / $90,000 annually, with the main house leased at $3,800/month (month-to-month) and the ADU leased at $3,700/month (lease expires Oct 2026). The landlord does provide the main house a $150/mo credit as water for the property has a single meter that's billed to the main house lessee.
The property sits on an approximately 6,839 SF / 0.16-acre lot. The main house consists of approximately 1,584 SF with 4 bedrooms and 3 full bathrooms. The ADU, built in 2022, consists of approximately 1,196 SF with 3 bedrooms and 2 full bathrooms.
Both units are leased as single-family residences and include major appliances such as a refrigerator, oven/range, dishwasher, washer, and dryer. Under the lease, the tenants are responsible for electricity, trash, and internet, while water/sewer and landscaping are included in base rent.
Property Insurance is currently $4,133.18/yr and the property tax is currently $8,448.47/yr. This offering provides investors with in-place tenancy, documented lease files, and stabilized monthly cash flow in a strong San Fernando Valley rental market. Buyer to verify all unit configurations, permits, zoning, income, expenses, lease terms, insurance, and property condition during due diligence.
Do not disturb the property. A proof of funds statement will be required prior to scheduling tours. Please contact Jordan in order to learn more about this opportunity.
Jordan Gootkin - 805-908-5431 - jordan@gootkinrealestate.com
Jordan Gootkin of Peak Commercial Real Estate is proud to present this income-producing residential investment opportunity in the desirable Tarzana market, featuring two leased residential units: the main residence at 19604 Victory Blvd and an ADU at 19606 Victory Blvd. Both units are currently occupied under written lease agreements, providing immediate stabilized rental income.
Current scheduled rent is approximately $7,500 per month / $90,000 annually, with the main house leased at $3,800/month (month-to-month) and the ADU leased at $3,700/month (lease expires Oct 2026). The landlord does provide the main house a $150/mo credit as water for the property has a single meter that's billed to the main house lessee.
The property sits on an approximately 6,839 SF / 0.16-acre lot. The main house consists of approximately 1,584 SF with 4 bedrooms and 3 full bathrooms. The ADU, built in 2022, consists of approximately 1,196 SF with 3 bedrooms and 2 full bathrooms.
Both units are leased as single-family residences and include major appliances such as a refrigerator, oven/range, dishwasher, washer, and dryer. Under the lease, the tenants are responsible for electricity, trash, and internet, while water/sewer and landscaping are included in base rent.
Property Insurance is currently $4,133.18/yr and the property tax is currently $8,448.47/yr. This offering provides investors with in-place tenancy, documented lease files, and stabilized monthly cash flow in a strong San Fernando Valley rental market. Buyer to verify all unit configurations, permits, zoning, income, expenses, lease terms, insurance, and property condition during due diligence.
Do not disturb the property. A proof of funds statement will be required prior to scheduling tours. Please contact Jordan in order to learn more about this opportunity.
Jordan Gootkin - 805-908-5431 - jordan@gootkinrealestate.com
Property Facts
| Price | $1,973,810 CAD | Apartment Style | Single-Family Home |
| Price Per Unit | $986,905 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 5.42% | Building Size | 2,780 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1956/2022 |
| Zoning | LAR1 - Residential - Single Family | ||
| Price | $1,973,810 CAD |
| Price Per Unit | $986,905 CAD |
| Sale Type | Investment |
| Cap Rate | 5.42% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,780 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1956/2022 |
| Zoning | LAR1 - Residential - Single Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,196 |
| 4+3 | 1 | - | 1,584 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2132-016-021 | Improvements Assessment | $259,578 CAD |
| Land Assessment | $706,123 CAD | Total Assessment | $965,700 CAD |
Property Taxes
Parcel Number
2132-016-021
Land Assessment
$706,123 CAD
Improvements Assessment
$259,578 CAD
Total Assessment
$965,700 CAD
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19604 Victory Blvd
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