Victory Square | 12444 Victory Blvd
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Victory Square 12444 Victory Blvd
60,896 SF Vacant Office Building North Hollywood, CA 91606 £8,708,446 (£143/SF) 6.57% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Using ED1 you can build 300+ units, Buyer to confirm
- Close proximity to New NoHo West and viewable from 170 Fwy
- $180/SF on improvements. Far below replacement costs! $211/SF on land.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Building Size
60,896 SF
Building Class
B
Year Built/Renovated
1963/1988
Price
£8,708,446
Price Per SF
£143
Net Initial Yield
6.57%
NOI
£572,145
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
5
Typical Floor Size
12,179 SF
Slab to Slab
12 ft
Building FAR
1.17
Lot Size
1.19 AC
Zoning
C2-1, Los Angeles - Neighborhood Commercial
Parking
124 Spaces (2.04 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Route
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 2nd Fl-Ste 215
- 700 SF
- Office
- Partial Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 215 | 700 SF | Office | Partial Build-Out | Now |
2nd Fl-Ste 215
| Size |
| 700 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Numbers | Total Assessment | £12,790,702 (2024) | |
| Land Assessment | £7,653,104 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £5,137,598 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£7,653,104 (2024)
Improvements Assessment
£5,137,598 (2024)
Total Assessment
£12,790,702 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
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Victory Square | 12444 Victory Blvd
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