Apartment Building with Rooftop
For Sale
$22,900,000
13724 Victory Blvd, Los Angeles, CA 91401
Four residential floors over a gated podium garage with furnished common areas, fitness space, and controlled resident access.
Property Size66,796 SF
Lot Size0.57 Acres
Price / SF$342.83
Days on Market12
Property Features for 13724 Victory Blvd
General Information
Standard status
Active
Size
66,796 SF
Lot size
0.57 Acres
Property subtype
Multifamily
Occupancy
97%
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
40 x 1BR, 16 x 2BR, 12 x 3BR
Multifamily Units
68
Additional Details
Opportunity Zone
Yes
Amenities
rooftop deck
resident lounge
fitness center
co-working office
controlled access
package lockers
in-unit washer/dryer
2022 podium construction at scale: 68 residences across four floors over a gated podium garage, elevator served, with no deferred maintenance and no seismic retrofit exposure.
Full amenity package: A landscaped rooftop deck with mountain views, a furnished resident lounge, a fitness center, a co-working office, package lockers and EV charging, with an in unit washer and dry
Modern building systems.: A 51.01 kW rooftop photovoltaic array, machine room less elevator under an Otis contract, full fire sprinklers, a 190 device fire alarm and 2,000 amp service.
Turnkey professional operation: Third party managed with full on site staffing, an arms length operation an incoming buyer can assume or re-tender from day one.
No rent ceiling on 64 of 68 residences: Post 1978 construction places the Property outside the Los Angeles Rent Stabilization Ordinance, and its February 2022 Certificate of Occupancy carries the AB 1482 exemption through February 2037.
Opportunity Zone location: The Property sits within federally designated Census tract 06037128220, reaching a buyer pool that conventional multifamily offerings do not.
Building Details
Building Size
66,796 SF
Year Built
2022
Buildings
1
Units
68
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Glen Scher · License #License(s): CA: 01962976
(818) 212-2808
Source:
Marcusmillichap
Added: Sep 4
Changed: Sep 8
Last Checked: Sep 14 at 5:19AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Completed in 2022, this 68-unit apartment community contains 66,796 gross square feet on a 24,749-square-foot lot, arranged across four residential floors above a gated podium garage. The unit mix includes 40 one-bedroom, 16 two-bedroom, and 12 three-bedroom residences, with an average size of approximately 832 rentable square feet. In-unit washers and dryers are provided throughout. Shared amenities include a landscaped rooftop deck with mountain views, a furnished resident lounge, fitness center, co-working office, controlled access, and package lockers.
The property sits on Victory Boulevard near Woodman Avenue in Valley Glen. The Van Nuys Government Center is approximately 0.9 miles away, Los Angeles Valley College is approximately 1.1 miles southeast, and three hospitals are within approximately 2.2 miles. Van Nuys Airport is approximately 3.5 miles northwest. The 101, 405, and 170 freeways are reachable within approximately ten minutes, while the Metro G Line station at Woodman is roughly one mile away.
The community is exempt from the City of Los Angeles Rent Stabilization Ordinance and remains outside AB 1482 rent-cap provisions through February 2037; 64 of the 68 residences are identified as without rent caps for approximately the next eleven years. The property is also within a federally designated Opportunity Zone.
The property sits on Victory Boulevard near Woodman Avenue in Valley Glen. The Van Nuys Government Center is approximately 0.9 miles away, Los Angeles Valley College is approximately 1.1 miles southeast, and three hospitals are within approximately 2.2 miles. Van Nuys Airport is approximately 3.5 miles northwest. The 101, 405, and 170 freeways are reachable within approximately ten minutes, while the Metro G Line station at Woodman is roughly one mile away.
The community is exempt from the City of Los Angeles Rent Stabilization Ordinance and remains outside AB 1482 rent-cap provisions through February 2037; 64 of the 68 residences are identified as without rent caps for approximately the next eleven years. The property is also within a federally designated Opportunity Zone.
Key Highlights
- 68‑unit apartment community completed in 2022
- 66,796 gross square feet on a 24,749‑square‑foot lot
- Unit mix includes 40 one‑bedroom, 16 two‑bedroom, and 12 three‑bedroom residences
Property Analytics
Current Use
Lease Details
68
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Four residential floors over a gated podium garage with furnished common areas, fitness space, and controlled resident access.
Where is this apartment building located?
The property is located at 13724 Victory Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $22,900,000.
What are key features of this property?
This property features: 68‑unit apartment community completed in 2022; 66,796 gross square feet on a 24,749‑square‑foot lot; Unit mix includes 40 one‑bedroom, 16 two‑bedroom, and 12 three‑bedroom residences
