11618 Victory Boulevard
North Hollywood, CA, 91606
$1,249,000
3 Beds
1 Baths
1,380 SqFt
0.16 Acres
Add
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&#39'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&#39've been waiting for!

Property Details

Price:
$1,249,000
MLS #:
GD24184759
Status:
Active
Beds:
3
Baths:
1
Address:
11618 Victory Boulevard
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
nhonorthhollywood
City:
North Hollywood
Listed Date:
Sep 5, 2024
State:
CA
Finished Sq Ft:
1,380
ZIP:
91606
Lot Size:
7,022 sqft / 0.16 acres (approx)
Year Built:
1941
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
None
Fireplace Features
None

Exterior

Community Features
Valley
Garage Spaces
1.00
Lot Features
Lot 6500-9999
Parking Spots
1.00
Pool Features
Private, In Ground
Sewer
Sewer Paid
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

Map

Community

Similar Listings Nearby

11618 Victory Boulevard
North Hollywood, CA