CA > North Hollywood
North Hollywood, CA 91606,11618 Victory BLD
North Hollywood, CA 91606,11618 Victory BLD
North Hollywood, CA 91606,11618 Victory BLD
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Mike Babakhanyan • JohnHart Real Estate
$999,000
Est. payment /mo
3 Beds
1 Bath
1,380 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,380 sqft

Price per Sqft $723

MLS Listing ID CRGD25155281

Bedrooms 3

Full Baths 1

Year Built 1941

Lot Size 7,022 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

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

Area Nho - North Hollywood

Zoning LAR3

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 1.0

Pool Pool - In Ground, Pool - Yes

View None

Building

Story One Story

Sewer Sewer Available

Water District - Public

Others

Tax ID 2335026008

Special Listing Condition Not Applicable

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agent
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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