CA > North Hollywood
North Hollywood, CA 91606,11618 Victory BLVD
North Hollywood, CA 91606,11618 Victory BLVD
North Hollywood, CA 91606,11618 Victory BLVD
21
See all 21 photos
$1,249,000
Est. payment /mo
Save
7,021 Sqft Lot
Active

11618 Victory BLVD North Hollywood, CA 91606

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
19
Dec
Fri
20
Dec
Sat
21
Dec
Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

12/05/2024 04:37 AM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD24184855

HOA Y/N No

Lot Size 7,021 Sqft

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

Fireplace No

Exterior

Community Features Valley

View Y/N No

View None

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 2335026008

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Lease Land No

California Regional MLS (CRMLS)
Listed by Mike Babakhanyan • FIV REALTY CO

GET MORE INFORMATION

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

11618 Victory BLVD

QUICK SEARCH