Victory Square | 12444 Victory Blvd
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Victory Square 12444 Victory Blvd
60,896 SF 99% Leased Office Building North Hollywood, CA 91606 $10,950,000 ($180/SF) 6.57% Cap Rate
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
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
60,896 SF
Building Class
B
Year Built/Renovated
1963/1988
Price
$10,950,000
Price Per SF
$180
Cap Rate
6.57%
NOI
$719,415
Percent Leased
99%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
12,179 SF
Slab To Slab
12’
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 Line
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 | $16,083,028 (2024) | |
| Land Assessment | $9,623,012 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $6,460,016 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$9,623,012 (2024)
Improvements Assessment
$6,460,016 (2024)
Total Assessment
$16,083,028 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Victory Square | 12444 Victory Blvd
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