CA > North Hollywood
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
North Hollywood, CA 91606,11618 Victory Boulevard
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$999,000
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3 Beds
1 Bath
1,380 SqFt
Active

11618 Victory Boulevard North Hollywood, CA 91606

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Patty Doyle

Patty Doyle

+1(619) 886-0321

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $723

MLS Listing ID GD25155281

Bedrooms 3

Full Baths 1

Year Built 1941

Property Sub-Type Detached

Property 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 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. 11618 Victory Blvd is a rare SB-8 EXEMPT. This is the investment opportunity you've been waiting for!

Location

State CA

County Los Angeles

Zoning LAR3

Direction Cross Street Beck Ave

Interior

Fireplace No

Exterior

Garage Spaces 1.0

Pool Below Ground, Private

View Y/N Yes

Water Access Desc Public

Building

Story 1

Sewer Sewer Paid

Water Public

Level or Stories 1

Others

Tax ID 2335026008

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Mike Babakhanyan JohnHart Real Estate

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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11618 Victory Boulevard

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