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Real Estate Listing at 11618 Victory Boulevard, North Hollywood, CA, 91606 from The Knight Group LA

11618 Victory Boulevard, North Hollywood, CA, 91606

The Knight Group LA
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$1,249,000
115 Days On Site

11618 Victory Boulevard
North Hollywood, CA 91606

For Sale|Land|Active
County:
Los Angeles
Listed by Mike Babakhanyan of JohnHart Real Estate [email protected]
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
11618 Victory Boulevard11618 Victory Boulevard11618 Victory Boulevard11618 Victory Boulevard
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Monthly Payment (Est.)

$5,698
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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!

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Listing Snapshot
Price 
$1,249,000
Days On Site 
115 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1612 Acres
Year Built 
N/A
MLS® Number 
GD24184855
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoStatus changed to Active
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.1612
Special Circumstances 
Standard
Water Source 
Public
Zoning 
LAR3
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Exterior Features
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None
Waterview 
None
Community Features
Financing Terms Available 
Cash
MLS Area 
NHO - North Hollywood
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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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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