Avivit Amar, Listing Office: Beverly and Company, Inc.
$10,000
closing credit¹
11618 Victory Blvd North Hollywood, CA 91606
Property details
About 11618 Victory Blvd
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!
Highlights
Summary
- MLS Number: GD24184759
- MLS Name: CRMLS
- Office Name: JohnHart Real Estate
- Office Phone: (818) 246-1099
- Office Email: harout@Jhhre.com
- Listing Agent: Mike Babakhanyan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/31/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,249,000
11618 Victory Blvd
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 21, 2022 | Home Sold | $849,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $883,298 | $10,879 |
2023 | $865,980 | $11,518 |
2022 | $63,931 | $940 |
2021 | $62,679 | $920 |
2020 | $62,037 | $895 |
2019 | $60,822 | $801 |
2018 | $59,631 | $782 |
2017 | $58,462 | $782 |
History based on county public records data.
Nearby schools
5
Victory Boulevard Elementary School
Public District KG-5
0.4 mi
•6315 Radford Ave
5
Fair Avenue School
Public District KG-5
0.6 mi
•6501 Fair Ave
5
Maurice Sendak Elementary
Public District KG-5
0.6 mi
•11414 Tiara St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,437. Residents of North Hollywood, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 11618 Victory Blvd
This home is located at 11618 Victory Blvd in North Hollywood, CA and zip code 91606 in the North Hollywood neighborhood. This 1,380 square foot home, which was built in 1941, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $1,249,000.
While more than 524 listings in North Hollywood, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. The number of listings in North Hollywood, CA decreased by 5.3% between November and December 2024. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.