11618 Victory Boulevard, North Hollywood 91606

$900,000

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3

Beds

1

Bath

1,380

Square feet

7,022

Lot Size

About 11618 Victory Boulevard

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. 11618 Victory Blvd is a rare SB-8 EXEMPT. This is the investment opportunity you've been waiting for!

Features of 11618 Victory Boulevard

MLS® # GD25155281
Price $999,000
Sold Price $900,000
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,380
Lot Sqft 7,022
Acres 0.16
Year Built 1941
Type Residential
Sub-Type Single Family Residence
Status Closed
# Of Units 1

Community Information

Address 11618 Victory Boulevard
Area NHO - North Hollywood
City North Hollywood
County Los Angeles
Zip Code 91606

Amenities

Parking Spaces 1
# of Garages 1
View None
Is Waterfront No
Has Pool Yes
Pool In Ground, Private

Interior

Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1
Stories One

School Information

District Los Angeles Unified

Additional Information

Date Listed July 9th, 2025
Date Sold September 29th, 2025
Days on Market 45
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMike Babakhanyan
OfficeJohnHart Real Estate

Listing Map

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