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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
21
Photos
11618 Victory Boulevard, North Hollywood (los Angeles), CA 91606
$1,249,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,380
sqft
Built in
1941
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!
Features & Amenities
Interior
- Laundry:
- None
- A/C:
- false, None
- Fireplace:
- None
Exterior
- Pool:
- In Ground
- Parking:
- Detached
Construction
- General:
- 1
Location
- HOA Amenities:
- 0.0
- School District:
- Los Angeles Unified
- County:
- Los Angeles
Lot
- Zoning:
- LAR3, 2335026008
- View:
- None
Utilities
- Utilities:
- Other Water/Sewer
- Water:
- Public,Other
This listing courtesy of:
FIV REALTY CO, Mike Babakhanyan
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About North Hollywood, CA
Housing
- Number of Units
- 59,776
- Median Home Value
- $659,587
- Median Rent
- $1,471
71.18% of housing units are renter occupied.
4.61% are vacant.
Commute
- Car
-
60.25%
- Public Transportation
-
3.85%
- Walk to Work
-
0.86%
- Work from Home
-
33.67%
- Other
-
0.91%
The median travel time to work is 23 minutes.
People
- Population
- 152,986
- Median Age
- 36.70
- Median Household Size
- 2.67
Education
- High School
-
18.35%
- Associate’s Degree
-
9.55%
- Bachelor’s Degree
-
24.85%
- Graduate Degree
-
8.29%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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