– – – 7,022 –
Beds Baths Sq Ft Sq Ft Lot Yr Built

Property Details

Neighborhood Map
About this Property

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!

MLS Listing Information

MLS #

CRGD24184855

MLS Source

California Regional MLS

Days on Site

74

Parking, School, and Other Information

HOA Fee

$0

Zoning

LW

Contact Information

Listing Agent

Mike Babakhanyan

FIV REALTY CO

License #: 01781588

Phone: –

Co-Listing Agent

Martin Lazarian

FIV REALTY CO

License #: 01457363

Phone: –

Contact Agent

Mike Babakhanyan

FIV REALTY CO

License #: 01781588

Phone: –

Neighborhood: Around This Home

Neighborhood: Local Demographics

11618 Victory Bld is in North Hollywood, CA 91606. This Land is currently priced at $1,249,000. This address can also be written as 11618 Victory Bld, North Hollywood, CA 91606.

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This listing information is up-to-date as of September 06, 2024. For the most current information, please contact Mike Babakhanyan