11618 Victory Boulevard

North Hollywood, CA 91606

$1,249,000
Price
7,022 / 0.16
Lot Size / Acres
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Description

Located at 11618 Victory Blvd, this single-family home is ready for demolition, less than a month away from RTI (Ready to Issue) permit, to build a 5-unit complex. Set in an area surrounded by high-demand apartment complexes, this project is perfect for investors looking to capitalize on the growing need for quality rental units. Each of the 5 units features 2 bedrooms, 2 bathrooms, and 1,200 sq. ft. of living space, with two units on the first floor and three on the second floor. With new construction...Located at 11618 Victory Blvd, this single-family home is ready for demolition, less than a month away from RTI (Ready to Issue) permit, to build a 5-unit complex. Set in an area surrounded by high-demand apartment complexes, this project is perfect for investors looking to capitalize on the growing need for quality rental units. Each of the 5 units features 2 bedrooms, 2 bathrooms, and 1,200 sq. ft. of living space, with two units on the first floor and three on the second floor. With new construction properties commanding premium rents, this project offers a unique opportunity to build and hold for your portfolio, providing strong long-term cash flow or whether you're an experienced developer looking to flip for a significant return, the possibilities are endless. The heavy lifting has already been done – plans are less than a month away from approval! Prior to opening escrow, RTI plans will be presented. Close escrow and start the demolition right away. Take advantage of this rare chance to develop in a high-demand area with major upside potential. This is the investment opportunity you've been waiting for!
  1. Listed by Mike Babakhanyan • DRE #01781588 • Brokerage DRE #02152805 • FIV REALTY CO
  2. Listed by Martin Lazarian • DRE #01457363 • Brokerage DRE #02152805 • FIV REALTY CO

Property Details for 11618 Victory Boulevard

View
None
Lot Size Source
Assessor
New Construction
No
View
No
Association
No
Association Fee
$.00
Zoning
LAR3
Senior Community
No
LISTING UPDATED: 09/06/2024 05:01 AM

Property Details for 11618 Victory Boulevard

StatusActive
MLS #GD24184855
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Building Information for 11618 Victory Boulevard

Lot Size0.16 AC

Property Information for 11618 Victory Boulevard

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 1241.04
  • CFD/Mello-Roos Fee: $1,132
  • Tax Lot: 105
Community / Development
Community / Development
  • Community Features: Valley
Property / Structure Info
Distance To
  • Distance To Water: 1
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Lot 6500-9999
  • Land Lease: No
  • Water Source: Public

Property History for 11618 Victory Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11618 Victory Boulevard

Taxable ValueLand$706,639Additions$176,659Total$883,298
Tax Record2024$10,880 ($907 / month)
Home Facts
Beds3Total Finished SqFt1,380 SqFtAbove Grade Finished SqFt1,380 SqFtStories1Lot Size7,020 SqFtStyleSingle Family ResidenceYear Built1941ZoningLAR3CountyLOS ANGELESAPN2335-026-008

Schools near 11618 Victory Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Victory Boulevard Elementary School
Public - K to 5
Roy Romer Middle School
Public - 6 to 8
North Hollywood Senior High School
Public - 9 to 12
New Horizons Charter Academy
Charter - K to 8
Rating
School
Distance
Victory Boulevard Elementary School
PublicK to 5

Roy Romer Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

New Horizons Charter Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11618 Victory Boulevard, North Hollywood, CA 91606

11618 Victory Boulevard is a 0.16 ac of land for sale in North Hollywood, CA 91606. This property was listed for sale on September 6, 2024 by FIV REALTY CO, it's currently listed at $1,249,000. It has been on the market for a total of 110 days and was last sold on June 21, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Victory Boulevard Elementary School, Roy Romer Middle School and North Hollywood Senior High School. 11618 Victory Boulevard is a 0-bed, 0-bath, 0.16 ac of land on a 7,022 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FIV REALTY CO, Mike Babakhanyan, DRE #01781588; FIV REALTY CO, Martin Lazarian, DRE #01457363

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.