13136 Victory Blvd
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13136 Victory Blvd
7 Unit Apartment Building $1,876,849 CAD ($268,121 CAD/Unit) Van Nuys, CA 91401
Investment Highlights
- Low price per pound, 40% upside in rental income
Executive Summary
13136 Victory Blvd is a 7-unit multifamily property in the Valley Glen neighborhood of Van Nuys. Built in 1958, the building offers
5,562 square feet of rentable space on a 5,825 square foot lot. The unit mix consists of six 1-bedroom, 1-bathroom units and one 2-
bedroom, 1-bathroom unit, aligning well with the strong rental demand in the area. Each unit has assigned parking, a valued
convenience for residents.
Located on Victory Blvd—a major thoroughfare with a blend of commercial and residential properties—this property benefits
from connectivity to key parts of the San Fernando Valley. Valley Glen’s unique suburban-urban vibe, along with its mix of small
businesses and newer developments, attracts residents looking for both comfort and accessibility. This family-friendly
neighborhood emphasizes community, safety, and boasts highly rated schools, making it a sought-after area for families and
professionals alike.
The building’s layout and prime location appeal to a diverse tenant base, from working professionals to small families. Attractions
such as Lake Balboa Park, the Van Nuys Recreation Center, and easy access to major highways and transit options further
enhance the property’s rental appeal.
For investors, this property offers a significant income upside. Long-term ownership has kept rents approximately 40% below
market, allowing for potential rent growth as units are brought up to market rates. With a price per unit and per square foot below
neighborhood averages, this property represents a high-value investment in a high-demand area. Strategic improvements and
rental adjustments can yield excellent returns, while Valley Glen’s continued growth trajectory ensures both immediate and longterm
equity appreciation.
5,562 square feet of rentable space on a 5,825 square foot lot. The unit mix consists of six 1-bedroom, 1-bathroom units and one 2-
bedroom, 1-bathroom unit, aligning well with the strong rental demand in the area. Each unit has assigned parking, a valued
convenience for residents.
Located on Victory Blvd—a major thoroughfare with a blend of commercial and residential properties—this property benefits
from connectivity to key parts of the San Fernando Valley. Valley Glen’s unique suburban-urban vibe, along with its mix of small
businesses and newer developments, attracts residents looking for both comfort and accessibility. This family-friendly
neighborhood emphasizes community, safety, and boasts highly rated schools, making it a sought-after area for families and
professionals alike.
The building’s layout and prime location appeal to a diverse tenant base, from working professionals to small families. Attractions
such as Lake Balboa Park, the Van Nuys Recreation Center, and easy access to major highways and transit options further
enhance the property’s rental appeal.
For investors, this property offers a significant income upside. Long-term ownership has kept rents approximately 40% below
market, allowing for potential rent growth as units are brought up to market rates. With a price per unit and per square foot below
neighborhood averages, this property represents a high-value investment in a high-demand area. Strategic improvements and
rental adjustments can yield excellent returns, while Valley Glen’s continued growth trajectory ensures both immediate and longterm
equity appreciation.
Property Facts
| Price | $1,876,849 CAD | Apartment Style | Low Rise |
| Price Per Unit | $268,121 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 13.3 | Building Size | 5,562 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Price | $1,876,849 CAD |
| Price Per Unit | $268,121 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 13.3 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,562 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 0.71/1,000 SF |
Unit Amenities
- Air Conditioning
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 2331-005-006 | Improvements Assessment | $795,055 CAD |
| Land Assessment | $279,064 CAD | Total Assessment | $1,074,120 CAD |
PROPERTY TAXES
Parcel Number
2331-005-006
Land Assessment
$279,064 CAD
Improvements Assessment
$795,055 CAD
Total Assessment
$1,074,120 CAD
zoning
| Zoning Code | R3, Los Angeles |
| R3, Los Angeles |
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13136 Victory Blvd
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