Valley Glen (VG) Homes with Three Or More Levels Stories

Valley Glen (VG) Homes with Three Or More Levels Stories

Welcome to Valley Glen, California – a vibrant neighborhood nestled in the heart of Los Angeles County. Known for its charming suburban atmosphere, Valley Glen offers a perfect blend of tranquility and accessibility, making it an ideal place for families, young professionals, and anyone seeking a serene retreat within the hustle and bustle of the city.

Valley Glen boasts a diverse community, rich in culture and history. Its tree-lined streets are adorned with beautiful homes, many of which feature three or more levels, providing ample space for families to grow and thrive. These multi-story residences not only offer stunning views of the surrounding landscape but also provide a unique architectural charm that adds character to the neighborhood.

Living in Valley Glen means enjoying a plethora of nearby amenities. From local parks perfect for weekend picnics to trendy cafes and restaurants that cater to every palate, you'll find everything you need just a stone's throw away. The area is also well-connected to major freeways and public transportation, making commuting to downtown Los Angeles or other nearby areas a breeze.

For those who appreciate outdoor activities, Valley Glen is close to several recreational spots, including the picturesque Los Angeles River and the expansive Woodley Park. Whether you’re jogging along the riverbanks or enjoying a day out with family, there’s no shortage of ways to embrace the California sunshine.

In Valley Glen, you’ll find not just a house, but a true home where memories are made. Explore the possibilities of multi-level living in this inviting community, where comfort meets convenience in the heart of Los Angeles.

Newest Valley Glen (VG) Homes with Three Or More Levels Stories

$22,900,000
108 Beds ⋅ 96 Baths ⋅ 26946437 MLS ⋅ Active Status
We are pleased to present V on Victory, a 68-unit apartment community completed in 2022 at 13724 Victory Boulevard in Valley Glen. The Property comprises four residential floors above a gated podium garage, totaling 66,796 gross square feet on a 24,749-square-foot lot. The unit mix consists of 40 one-bedroom, 16 two-bedroom, and 12 three-bedroom residences averaging approximately 832 rentable square feet, including a penthouse level.The Property offers a turnkey, professionally managed operation with full on-site staffing and a comprehensive amenity package featuring a landscaped rooftop deck with mountain views, furnished resident lounge, fitness center, co-working office, controlled access, and package lockers. Every residence includes an in-unit washer and dryer, while an established RUBS program provides utility reimbursement income. Vacant residences are marketed at the manager's current market rents, providing an incoming investor with immediate lease-up upside without the need for renovation capital.Completed in 2022, V on Victory is exempt from the City of Los Angeles Rent Stabilization Ordinance and remains outside the rent-cap provisions of AB 1482 through February 2037, leaving 64 of the Property's 68 residences without rent caps for approximately the next eleven years. The Property is also located within a federally designated Opportunity Zone. Additionally, its current assessed value closely tracks the offering basis, significantly limiting potential property tax reassessment exposure upon sale.V on Victory is strategically positioned along Victory Boulevard just west of Woodman Avenue in Valley Glen, near the geographic and civic center of the San Fernando Valley. The Van Nuys Government Center is approximately 0.9 miles west and serves as a major employment hub encompassing the Los Angeles Superior Court Northwest District, LAPD Valley Bureau and Van Nuys Division, and numerous city, county, and state agencies, including the DMV and DPSS. The Property also benefits from proximity to the established commercial corridors along Van Nuys and Victory boulevards.Three major hospitalsValley Presbyterian Hospital, Sherman Oaks Hospital, and Kaiser Permanente Panorama Cityare located within approximately 2.2 miles of the Property, providing substantial nearby healthcare employment. Van Nuys Airport, approximately 3.5 miles northwest, spans roughly 730 acres and supports more than 10,000 affiliated jobs across approximately 200 businesses. Los Angeles Valley College is approximately 1.1 miles southeast, with enrollment exceeding 18,000 students, serving as both a major local employer and a consistent source of renter demand.The Property also offers convenient regional connectivity, with access to the 101, 405, and 170 freeways within approximately ten minutes. The Metro G Line station at Woodman is roughly one mile away and provides connections to the B Line subway in North Hollywood. Further enhancing long-term transit accessibility, the East San Fernando Valley Light Rail project is under construction along Van Nuys Boulevard and is planned to add 11 stations, with service currently scheduled for December 2031. Within ZIP Code 91401, approximately 67% of households are renter occupied, supported by a median household income of $79,552.

13724 Victory Boulevard, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.