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13520 Victory Blvd 11 Unit Apartment Building $4,380,332 CAD ($398,212 CAD/Unit) Van Nuys, CA 91401
Investment Highlights
- 11 Large spacious units (ALL 2B/2B)
- Tandem Parking
- Large Sized Units
- Laundry Facilities
- Common Pool
- Balcony
Executive Summary
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.
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.
Property Facts
| Price | $4,380,332 CAD | Building Class | C |
| Price Per Unit | $398,212 CAD | Lot Size | 0.44 AC |
| Sale Type | Investment | Building Size | 11,124 SF |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 2.16/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 - Commercial | ||
| Price | $4,380,332 CAD |
| Price Per Unit | $398,212 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 11,124 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | LAR3 - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 2+1.5 | 4 | - | - |
| 2+2 | 4 | - | - |
| 2+2.5 | 1 | - | - |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2330-009-018 | Improvements Assessment | $1,462,490 CAD |
| Land Assessment | $2,702,427 CAD | Total Assessment | $4,164,917 CAD |
Property Taxes
Parcel Number
2330-009-018
Land Assessment
$2,702,427 CAD
Improvements Assessment
$1,462,490 CAD
Total Assessment
$4,164,917 CAD
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13520 Victory Blvd
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