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13534 Victory Blvd, Van Nuys, CA 91401

$1,025,000
•
  • 10

    bed

  • 6

    bath

  • 4,998

    Sqft ($205/Sqft)

Multi-family for sale 15 hours

About 13534 Victory Blvd

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Lot size 8,700 Sqft
Movoto estimate
Property description
Available for sale for the first time in over 32 years, the property offers a new investor entry into the dense Van Nuys rental market at an attractive price of only $205 per square foot. By continuing unit upgrades, a new owner can unlock the approximately 39% in rent upside to add substantial value to the asset. Because the property is not featured on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), a new investor is saved from an otherwise costly maintenance expense. The building features a tankless water heater and a new pitched roof that was installed in 2025, helping to reduce both utility and maintenance costs in the future. The property also generates a supplemental revenue stream through tenants' use of the on-site laundry facilities. Located near the intersection of Woodman Avenue and Victory Boulevard, the two-story building allows residents proximity to the upcoming East San Fernando Valley Light Rail Transit Line, slated for development only 1.2 miles away. The property also offers tenants convenient access to the Greater Los Angeles Metro Area via the nearby 170, 101, 5, and 405 Freeways.
Listed by
Listing Agent - Roderick 'Rick' Raymundo
Listing Office - Marcus & Millichap
Source: The MLS mls logo
MLS#26106435 • last updated 23 hours ago
Movoto checked The MLS for data 16 minutes ago
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Overview
Levels/Style Two
MLS # 26106435
Type Residential Income
Status Active
SqFt 4998
Lot Size (SqFt) 8700
Lot Size (Acres) 0.2537
Year Built 1948
Interior
Total # of Baths 6
Total # of Bedrooms 10
Exterior
Parking Desc Assigned
Add'l Structures Other
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning LAR3
APN 2330-009-026
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 2650
Unit 1: Projected Rent 1750
Unit 1: # Beds 1
Unit 1: Rent 1543
Unit 2: Rent 1558
Unit 3: Rent 1654
Unit 2: Furnished No
Unit 2: Projected Rent 6600
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 2
Unit 1: # Baths 1
Unit 2: Actual Rent 4675
Unit 3: Actual Rent 1654
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 1543
Total # Of Buildings 2
Net Operating Income 54053
Cap Rate 5.27
Gross Income 94464
Gross Operating Income 92386
Gross Rent Multiplier 10.76
Total Annual Expenses 38333
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  • Real Estate
  • CA
  • Los Angeles County
  • Van Nuys
  • 91401
  • Greater Valley Glen
  • 13534 Victory Blvd

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