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11618 Victory Blvd, North Hollywood, CA 91606
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11618 Victory Blvd North Hollywood, CA 91606

$1,249,000
  • 3 Beds
  • 1 Baths
  • 1,380 Sq.Ft.
For Sale
$1,249,000 Get Pre-Qualified
Map preview of 11618 Victory Blvd, North Hollywood, CA 91606

Property Overview: 11618 Victory Blvd North Hollywood, CA has 3 bedrooms, 1 bathrooms, 1,380 living square feet and 7,022 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Mike Babakhanyan | BRE #01781588 | FIV REALTY CO
Co-listed by Martin Lazarian | BRE #01457363 | FIV REALTY CO
Last checked: 1 minute ago | Last updated: September 7th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,022
HOA Dues
$0/mo
Year built
1941
Garage
1 Car
Property Type:
Single Family Home
Status
Active
MLS#
GD24184759
City
North Hollywood
County
Los Angeles
Time on Site
11 days

Open Houses for 11618 Victory Blvd

No upcoming open houses

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Property Details for 11618 Victory Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 1
  • See Remarks
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Pool
  • Pool Features: Private, In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No Attached Garage
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 2335026008
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Cross Street Beck Ave
Neighborhood Information
  • Community Features: Valley
View more facts & features

Local North Hollywood Agent

Sale History for 11618 Victory Blvd

Last sold for $849,000 on June 21st, 2022

  • September, 2024

  • Sep 6, 2024

    Date

    Active

    CRMLS: GD24184759

    $1,249,000

    Price

  • April, 2022

  • Apr 20, 2022

    Date

    Active

    CRMLS: SR22013032

    $849,000

    Price

  • Jan 22, 2022

    Date

    Active

    CRMLS: SR22013032

    $849,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the market!! Zoned LAR3! We believe you can build 4 or 5 units on this property... (buyer to verify) Great multi-family build potential! Large 7,020 Square Foot Lot! Located in amazing North Hollywood! Great restaurants and shopping near by! Surrounded by other multi-family dwellings! Incredible building opportunity! Current house is cooperative tenant occupied and can be delivered vacant.

  • September, 2021

  • Sep 14, 2021

    Date

    Active

    CRMLS: SR21200713

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Zoned LAR3! We believe you can build 5 units on this property... (buyer to verify) Great multi-family build potential! Large 7,020 Square Foot Lot! Located in amazing North Hollywood! Great restaurants and shopping near by! Surrounded by other multi-family dwellings! Incredible building opportunity! Current house is cooperative tenant occupied.

  • September, 2021

  • Sep 2, 2021

    Date

    Canceled

    CRMLS: SR21073731

    $899,000

    Price

  • Aug 16, 2021

    Date

    Active

    CRMLS: SR21073731

    $899,000

    Price

  • Jul 2, 2021

    Date

    Active Under Contract

    CRMLS: SR21073731

    $899,000

    Price

  • Jul 2, 2021

    Date

    Active

    CRMLS: SR21073731

    $899,000

    Price

  • Jun 9, 2021

    Date

    Pending

    CRMLS: SR21073731

    $899,000

    Price

  • May 27, 2021

    Date

    Active

    CRMLS: SR21073731

    $899,000

    Price

  • Apr 29, 2021

    Date

    Active Under Contract

    CRMLS: SR21073731

    $899,000

    Price

  • Apr 23, 2021

    Date

    Price Change

    CRMLS: SR21073731

    $899,000

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: SR21073731

    $980,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the market 8/16/2021 Zoned LAR3! Great multi-family build potential! Large 7,020 Square Foot Lot! Located in amazing North Hollywood! Great restaurants and shopping near by! Surrounded by other multi-family dwellings! Incredible building opportunity! Current house in tenant occupied.

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Tax History for 11618 Victory Blvd

Assessed Value (2020): $62,037
Year Land Value Improved Value Assessed Value
2020 $33,594 $28,443 $62,037

Home Value Compared to the Market

This property vs the competition

11618 Victory Blvd is listed 28.9% higher than the median list price for the city of North Hollywood which has a median list price of $969,000. The median price per/sqft for North Hollywood is $610 and this home is listed at $905.07 per/sqft which puts the price per square foot 48.37% higher than the median price per square foot for the city of North Hollywood.

About 11618 Victory Blvd

Detailed summary of property

11618 Victory Blvd is a single family home located in North Hollywood, CA 91606 and is currently for sale. This house offers 3 bedrooms, 1 bathrooms, roughly 1,380 living square feet, and sits on an approximately 7,022 square foot lot. 11618 Victory Blvd was first listed on ArdentRealEstateGroup.com on September 6, 2024. The homeowner is currently asking $1,249,000. The median priced home in North Hollywood is $969,000 with a median price per square foot of $610. Based on Ardent Real Estate Group's North Hollywood Market Data, this home is listed 28.9% higher than the median priced home. Local competing homes currently for sale include 7010 Loyal Trail, 2808 Oak Point Dr and 8629 Wonderland Ave. While the average home in North Hollywood, CA is selling in 91 days, 11618 Victory Blvd has a days on market of 10 days. There are currently 168 homes for sale in the North Hollywood real estate market and 133 of them are single family homes while 30 of them are condos and 5 are townhomes. For more information on this home for sale at 11618 Victory Blvd North Hollywood, CA 91606 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 11618 Victory Blvd

Public county record property details
Beds
3
Baths
1
Year built
1941
Sq. Ft.
1,380
Lot Size
7,020
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
105
APN
2335-026-008

The source for these homes facts are from public records.

91606 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$970,000
Median List Price/Sq.Ft.
$579
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$604
Total Inventory
63
Median Sale to List Price %
99.5%
Avg Days on Market
38
Loan Type
Conventional (38.46%), FHA (7.69%), VA (0%), Cash (7.69%), Other (15.38%)

Tour This Home

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Contact Jon
North Hollywood Agent
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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