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Image 1 - 13350 Victory Blvd, California, 91401 - House for sale
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Home For Sale In Valley Glen, California
13350 Victory Blvd, California, 91401

Home For Sale In Valley Glen, California

house for sale
Listed: 05/29/24

13350 Victory Blvd, California, 91401

8 Bed:
5 Bath:
3,468 Sq Ft Living Area:
Save
Price
$ 1,33M

About This House

We are pleased to present a prime five-unit investment opportunity at 13350 Victory Boulevard in Valley Glen, San Fernando Valley, Los Angeles. The property includes a studio, a one-bedroom unit, and three two-bedroom units, totaling approximately3, 468rentable square feet on a6, 121square foot lot. Key features include recent renovations in one unit, five on-site garage parking spaces, and separate metering for gas and electricity. Built in 1951, this property offers significant value-add potential with over 60% rental upside and the possibility for adding an ADU (subject to verification). Located near the NOHO West Development and the 170 Freeway, it provides easy access to the entire San Fernando Valley. The seller is open to offering seller financing with negotiable terms. This investment promises immediate rental income and considerable potential for future rent increases.

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Valley Glen Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Valley Glen, Los Angeles, United States averaged $990,717, staying on the same level compared to the previous month.
Median price trends for properties for sale in Valley Glen, Los Angeles, United States as of May 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.