13520 Victory Blvd - Apartments FOR SALE


Van Nuys, CA 91401
$3,398,000 USD
818-319-9191
13520 Victory Blvd, Van Nuys, CA for Sale
$3,398,000 USD
Apartments - FOR SALE
1/13
null | 4.75% Cap Rate

13520 Victory Blvd
Van Nuys, CA 91401


HIGHLIGHTS

  • Recently Renovated Roof
  • Laundry Facilities
  • Tandem Parking
  • High Speed Internet Access
  • Air Conditioning
  • Common Pool

OVERVIEW

IKON Properties LA is proud to present 13520 Victory Blvd – an impeccably maintained 11-unit, two-story multifamily asset located in the highly sought-after Valley Glen neighborhood of Van Nuys. Constructed in 1963, the property offers 11,124 square feet of rentable space on a spacious 19,000 square foot lot. The unit mix consists entirely of 11 expansive 2-bedroom, 2-bathroom units, each thoughtfully designed in a townhome style with either front or rear patios. Every unit includes assigned parking, adding convenience and value for residents. Prime Location in Valley Glen Set along Victory Blvd—a major corridor linking residential neighborhoods with commercial hubs—the property benefits from exceptional accessibility throughout the San Fernando Valley. Valley Glen is known for its blend of peaceful suburban charm and urban connectivity, making it an ideal setting for both families and professionals. Its reputation for safety, strong community vibe, and top-rated schools adds to its enduring tenant appeal. Property Highlights • Large, spacious units—significantly larger than typical offerings in the area • Fully gated complex, offering privacy and security • Ideal for a mix of tenant profiles: families, students, and professionals • Minutes from Los Angeles Valley College, Van Nuys Recreation Center, schools, shopping, dining, and transit • Convenient access to major freeways and public transportation Investment Opportunity 13520 Victory Blvd presents a compelling value-add opportunity. With current rents approximately 35% below market due to long-term ownership, there’s substantial potential for rental growth. The property is priced below neighborhood averages on both a per-unit and per-square-foot basis, creating a rare chance to acquire a high-demand asset with built-in equity. Strategic renovations and rent repositioning can unlock immediate upside, while the continued growth of Valley Glen supports strong long-term returns and appreciation.

FOR SALE DETAILS

PRICE

$3,398,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

11

PRICE/UNIT

$308,909

CAP RATE

4.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,644 SF

ZONING

LAR3

APN/PARCEL ID

2330-009-018

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

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