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$ 1,249,000
Est. payment /mo
Active
11618 Victory Boulevard North Hollywood (los Angeles), CA 91606
3 Beds
1 Bath
1,380 SqFt
UPDATED:
01/14/2025 06:44 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $905
MLS Listing ID CRGD24184759
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1941
Lot Size 7,022 Sqft
Acres 0.1612
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. This is the investment opportunity you've been waiting for!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Pool In Ground
Utilities Available Other Water/Sewer
View Y/N false
View None
Total Parking Spaces 1
Private Pool true
Building
Story 1
Water Public, Other
Level or Stories One Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 2335026008
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Mike Babakhanyan • JohnHart Real Estate
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