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16419 Victory Boulevard Blvd, Los Angeles, CA 91406
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16419 Victory Boulevard Blvd Los Angeles, CA 91406

$1,000,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Back Up Offer
$1,000,000 Get Pre-Qualified
Map preview of 16419 Victory Boulevard Blvd, Los Angeles, CA 91406

Property Overview: 16419 Victory Boulevard Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,446 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: Calling all builders and investors! Unlock the potential of this RTI (Ready-to-Issue) development opportunity adjacent to beautiful Lake Balboa. This exceptional offering includes a full set of meticulously designed architectural plans for a 5-unit apartment building, featuring four spacious units plus an Additional Dwelling Unit (ADU). The proposed development includes a total of 6,548 square feet of modern living space on a generous 7,835 square foot lot. The plans also call for a 4-car garage for a convenient and secure parking option as well as alley access for ease of entry and exit. This opportunity is RTI ready. All permits and plans are approved and ready to build, saving you time and hassle. The land comes with detailed and professionally designed architectural plans for optimal functionality and aesthetic appeal. Investors can benefit from no rent control due to new construction. The plans appeal to tenants looking for modern, brand-new living spaces which can easily garner top rental prices. All the heavy lifting has been done, just step in and start building! Photos are renderings based off of the architectural plans.

Listed by Amy Weber | BRE #01946366 | COMPASS
Co-listed by Maria Moreno | BRE #02014010 | Regional Real Estate
Last checked: 13 minutes ago | Last updated: September 13th, 2024 | Source CRMLS | DOM: 100

Home details

Lot Sq. Ft
6,446
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Back Up Offer
MLS#
P1-18159
City
Los Angeles
County
Los Angeles
Time on Site
100 days

Open Houses for 16419 Victory Boulevard Blvd

No upcoming open houses

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Property Details for 16419 Victory Boulevard Blvd

Exterior Features
Exterior Information
  • No Fence
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Sprinklers None
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Parcel Number: 2231005029
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: None
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From Woodly Ave, turn onto Victory Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 16419 Victory Boulevard Blvd

View property's historical transactions

  • September, 2024

  • Sep 12, 2024

    Date

    Back Up Offer

    CRMLS: P1-18159

    $1,000,000

    Price

  • Jun 20, 2024

    Date

    Active

    CRMLS: P1-18159

    $1,400,000

    Price

Tax History for 16419 Victory Boulevard Blvd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

16419 Victory Boulevard Blvd is listed 16.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 16419 Victory Boulevard Blvd

Detailed summary of property

16419 Victory Boulevard Blvd is a land located in Los Angeles, CA 91406 and is currently in escrow to be sold. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,446 square foot lot. 16419 Victory Boulevard Blvd was first listed on ArdentRealEstateGroup.com on June 20, 2024. The homeowner is currently asking $1,000,000 and was originally asking $1,400,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% lower than the median priced home. Local competing homes currently for sale include 645 N Gardner St, 6448 Weidlake Dr and 5437 Lemon Grove Ave. While the average home in Los Angeles, CA is selling in 106 days, 16419 Victory Boulevard Blvd has a days on market of 100 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 16419 Victory Boulevard Blvd Los Angeles, CA 91406 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 16419 Victory Boulevard Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91406 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$879,000
Median List Price/Sq.Ft.
$534
Median Sold Price
$785,000
Median Sold Price/Sq.Ft.
$500
Total Inventory
89
Median Sale to List Price %
95.06%
Avg Days on Market
31
Loan Type
Conventional (48%), FHA (0%), VA (0%), Cash (16%), Other (20%)

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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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