13136 Victory Blvd - Apartments FOR SALE


Van Nuys, CA 91401
$1,300,000 USD
213-261-4944
13136 Victory Blvd, Van Nuys, CA for Sale
$1,300,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

13136 Victory Blvd
Van Nuys, CA 91401


HIGHLIGHTS

  • Family-friendly, safe, with highly-rated schools, and a mix of residential and commercial properties
  • Assigned parking for all units
  • Strategic improvements and rent increases can drive strong returns and equity growth.

OVERVIEW

13136 Victory Blvd is a 7-unit multifamily property in the Valley Glen neighborhood of Van Nuys. Built in 1958, the building offers 5,562 square feet of rentable space on a 5,825 square foot lot. The unit mix consists of six 1-bedroom, 1-bathroom units and one 2- bedroom, 1-bathroom unit, aligning well with the strong rental demand in the area. Each unit has assigned parking, a valued convenience for residents. Located on Victory Blvd—a major thoroughfare with a blend of commercial and residential properties—this property benefits from connectivity to key parts of the San Fernando Valley. Valley Glen’s unique suburban-urban vibe, along with its mix of small businesses and newer developments, attracts residents looking for both comfort and accessibility. This family-friendly neighborhood emphasizes community, safety, and boasts highly rated schools, making it a sought-after area for families and professionals alike. The building’s layout and prime location appeal to a diverse tenant base, from working professionals to small families. Attractions such as Lake Balboa Park, the Van Nuys Recreation Center, and easy access to major highways and transit options further enhance the property’s rental appeal. For investors, this property offers a significant income upside. Long-term ownership has kept rents approximately 40% below market, allowing for potential rent growth as units are brought up to market rates. With a price per unit and per square foot below neighborhood averages, this property represents a high-value investment in a high-demand area. Strategic improvements and rental adjustments can yield excellent returns, while Valley Glen’s continued growth trajectory ensures both immediate and longterm equity appreciation.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$234 USD /SF

# OF UNITS

7

PRICE/UNIT

$185,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,865 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

2331-005-006

ASK ABOUT THIS PROPERTY

Edan ShalomCentennial AdvisersMore Info
213-261-4944

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Edan ShalomCentennial AdvisersMore Info
213-261-4944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.