11618 Victory Boulevard

  • $999,000
North Hollywood, California
Active
11618 Victory Boulevard
North Hollywood, California
  • $999,000

Overview

  • Residential
  • Property Type
  • 3
  • Bedrooms
  • 1
  • Bathroom
  • 1
  • Garage
  • 1380
  • Sqft
  • 320437
  • Property ID

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!

Details

Updated on July 24, 2025 at 12:10 pm
Listed by Mike Babakhanyan, JohnHart Real Estate
  • Property ID: 320437
  • Price: $999,000
  • Property Size: 1380 Sqft
  • Land Area: 7022 Square Feet
  • Bedrooms: 3
  • Bathroom: 1
  • Garage: 1
  • Year Built: 1941
  • Property Type: Residential
  • Property Status: Active

Features

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