Listing provided courtesy of Mike Babakhanyan of FIV REALTY CO. Last updated 2024-09-07 09:18:40.000000. Listing information © 2024 Sandicor.

Asking Price: $1,249,000 | Active​​​​​​​

11618 Victory, North Hollywood CA 91606

Community: ​


This Lots/Land property was built in and is priced at $1,249,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • bedrooms
  • MLS#: 306259549
  • Type: Lots/Land
  • Year Built:
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!

Call or Email The Koop Group now to inquire about this property

619.985.8722