3 months on rocket

11618 Victory Blvd, North Hollywood, CA, 91606

$1,249,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,380 SqFt
$905/SqFt
House

Location

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11618 Victory Blvd, Los Angeles$1,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1941
CoolingNone
FireplaceNone
ViewNone
Private PoolYes
MLS #GD24184759
Lot Size0.16 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Year Built: 1941
  • Stories: 1
  • Living Area: 1,380 SqFt

Listing Office:

  • Office Name: FIV REALTY CO
  • Office Phone: (818) 240-4142
  • Listing Agent: Mike Babakhanyan

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street Beck Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,249,000
  • Price Per SqFt: $905/SqFt

Tax Information:

  • Annual Amount: $921
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

11618 Victory Blvd vs Los Angeles

106 DAYS ON ROCKET

+68 Days

$1,249,000

+$227.4K More

$905/SqFt

+$265 More

KEY TAKEAWAY

This property is $227.4K more than the Median Sold Price and $265/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24184759

Listing Office:

  • Office Name: FIV REALTY CO
  • Office Phone: (818) 240-4142
  • Listing Agent: Mike Babakhanyan

IDX 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: 12/22/2024, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$921$62,679
2020$895$62,037
2019$801$60,822
2018$783$59,631
2017$783$58,462

History based on county public records data.

Payment Calculator

$6,301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,811

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-957305
5
/10

  • Victory Boulevard Elementary School

  • 6315 Radford Ave

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-957306
5
/10

  • Fair Avenue School

  • 6501 Fair Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-957307
5
/10

  • Maurice Sendak Elementary

  • 11414 Tiara St

  • 0.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,437. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 11618 Victory Blvd

What is the listing price of this property?

The listing price of 11618 Victory Blvd property is $1,249,000.

What type of property is this?

The property 11618 Victory Blvd is a house located in North Hollywood, California, 91606.

Is this property for sale now?

Active Listing: 11618 Victory Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $921 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 11618 Victory Blvd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 11618 Victory Blvd is 1,380 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 11618 Victory Blvd is 1941.

Rocket Homes›California›Los Angeles County›Los Angeles›91606›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 06, 2024 and is currently priced at $1,249,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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