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23049806
31852347

13520 Victory Blvd, Los Angeles, CA 91401

BF
CA CA 02012036
IKON Properties
MG
CA 02010985
Listed by IKON Properties
$3,198,000
405 days on market
Updated 9 days ago

13520 Victory Blvd, Van Nuys, CA 91401

Details
APN 2330-009-018
Property Type Multifamily
Sub Type Apartment Building
Units 11
NOI $248,281
Year Built 1963
Buildings 2
Acreage 0.430
Zoning LAR3

Multifamily | 11 Units

Marketing description

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.

Investment highlights

  • 11 Large spacious units (ALL 2B/2B)
  • Asking Price - $3,198,000
  • Price/Unit - $290,727.27
  • Building Sqft - 11,124 SF
  • Price/SqFt - $287.49

Listing Contacts

BF
CA CA 02012036
IKON Properties
MG
CA 02010985
Listed by IKON Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$248,281.08
$20,690.09/mo

Valuation Metrics

0
DSCR
7.76%
Cap Rate
7.76%
ROI

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Additional Information

Name
Blas Fernandez
License
CA 02012036
Brokerage
IKON Properties
Brokerage Phone
714-731-3777
Title
Founder
Brokerage Address
11829 Ventura Boulevard
Name
MELINA GHOTANIAN
License
02010985
Brokerage
IKON Properties LA
Brokerage Address
11829 Ventura Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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