13520 Victory Blvd
Multifamily | 4.43% CAP | 11 Units
Marketing description
Matthews 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 SF 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.
13520 Victory Blvd presents a compelling value add opportunity. With current rent approximately 35% below market due to long-term ownership, there's substantial potential or 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
- 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
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