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Apartment Building with Varied Unit Mix
New
For Sale
$14,100,000

13313 Oxnard, Van Nuys, CA 91401

The rent-controlled property includes studio, one-bedroom, and two-bedroom apartments.

Property Size55,861 SF
Price / SF$252.41
Days on Market7

Property Features for 13313 Oxnard

General Information

Standard status Active
Size 55,861 SF
Property subtype Apartment

Additional Details

Highway Access Yes

Building Details

Building Size 55,861 SF
Year Built 1970
Listing Agency: Warren Lee Berzack
Listed By: Warren Berzack · License #01329015
Source: Benbelack
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 13 at 12:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Warren Lee Berzack

Investment Insights

Based on property information with market context.

This 1970-built apartment property in Van Nuys, within the City of Los Angeles, has a mix of studio, one-bedroom, and two-bedroom units. The property is rent-controlled.

The building is near the 405, 101, and 170 freeways.

Key Highlights

  • Studio, one‑bedroom, and two‑bedroom apartments
  • Rent‑controlled property
  • Built in 1970

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$898,848
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,976,960 $18.0M
Cap Rate 7%
$12,840,686 $12.8M
Cap Rate 9%
$9,987,200 $10.0M
Market Conditions
NOI Build-Up for 55,861 SF
Gross rent
$1.78M $31.80/SF
− Vacancy
−$142.1K −$2.54/SF
EGI
$1.63M $29.26/SF
− OpEx
−$735.4K −$13.17/SF
NOI
$898.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,976,960
Cap Rate 7%
$12,840,686
Cap Rate 9%
$9,987,200

Alternative Uses

Best Use
Apartment 5plus
$12.84M
$11.24M – $14.98M (±1% cap)
NOI $898,848 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$29.91M
$26.17M – $34.89M (±1% cap)
NOI $2,093,543 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Valle Haven Apartments Apartment Building Real Dealer Services Advertising Agency J & C Promotions Financial Advisor Atshamyan General Construction ... Construction Company

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Skin Care Clinic Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,465
Businesses Nearby

Demographics for 91401, CA

39,621
Population
15,785
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
3.5 sq mi
ZIP Area
11,320
Density / Sq Mi
$75,933
Median Household Income
$40,119
Median Earnings
$1,800
Median Rent
$988,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The rent-controlled property includes studio, one-bedroom, and two-bedroom apartments.
Where is this apartment building located?
The property is located at 13313 Oxnard Van Nuys, CA.
What is the asking price?
The asking price for this property is $14,100,000.
What are key features of this property?
This property features: Studio, one‑bedroom, and two‑bedroom apartments; Rent‑controlled property; Built in 1970
More about this property
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