11618 Victory Boulevard
$1,249,000
3
1
1,380
1,380
$905
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!
- Listed by Mike Babakhanyan • DRE #01781588 • Brokerage DRE #01873088 • JohnHart Real Estate
- Listed by Martin Lazarian • DRE #01457363 • Brokerage DRE #02152805 • FIV REALTY CO
Property Details for 11618 Victory Boulevard
View
None
Parking Spaces Total1
Private PoolYes
Cooling TypeN/K
Total Units1.0
Lot Size SourceAssessor
Living Area1380
Property Attached YNfalse
LISTING UPDATED: 12/27/2024 07:54 AM
Property Details for 11618 Victory Boulevard
Status | Active |
---|---|
MLS # | GD24184759 |
Days on Market | 114 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Detached |
Year Built | 1941 |
Lot Size | 0.16 AC / 7,022 SF |
County | Los Angeles County |
Building Information for 11618 Victory Boulevard
Stories1Year Built1941Building Size-Lot Size0.16 AC / 7,022 SF
Property Information for 11618 Victory Boulevard
Property History for 11618 Victory Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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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