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33899398
33899400

13520 Victory Blvd, Van Nuys, CA 91401

MG
CA 02010985
Matthews
DW
CA 01325901
Matthews
Listed by Matthews
$3,148,000
6 days on market
Updated 6 days ago

13520 Victory Blvd

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,124
Units 11
Cap Rate 4.43%
NOI $139,365
Occupancy 91%
Tenancy Multi
Price per SqFt $283
Year Built 1963
Buildings 1
Stories 2
Acreage 0.430
Zoning LAR3
Investment Type Value Add

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

Listing Contacts

MG
CA 02010985
Matthews
DW
CA 01325901
Matthews
Listed by Matthews

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$139,365.00
$11,613.75/mo

Valuation Metrics

0
DSCR
4.43%
Cap Rate
4.43%
ROI

Map

Zoning

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[Q]R3-1 ResidentialMulti FamilyQualified Multiple Residential
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
David Harrington
License
01320460, 02168060 (CA)
Title
Broker of Record
Name
MELINA GHOTANIAN
License
02010985
Brokerage Address
11829 Ventura Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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