StatusAccepting Backup Offers (Active Under Contract)
About 16419 Victory Blvd
Back on market, no fault of sellers. 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.
Property Details
Property Features
Listing Office:
Office Name: COMPASS
Office Email: amyweberre@gmail.com
Listing Agent: Amy Weber
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.15 Acres
School Info
Assigned Schools Information:
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
William Mulholland Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Gault Street Elementary School, Public District Grades KG-5
Academy For Enriched Sciences, Public Magnet Grades 1-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: From Woodly Ave, turn onto Victory Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,000,000
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $23.4K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #P1-18159
Listing Office:
Office Name: COMPASS
Office Email: amyweberre@gmail.com
Listing Agent: Amy Weber
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: 11/5/2024, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
Elementary School
7
/10
Gault Street Elementary School
17000 Gault St
Distance between this listing and this school1.11 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school8.92 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.93 miles
Public Magnet Grades KG-6
Middle School
5
/10
William Mulholland Middle School
17120 Vanowen St
Distance between this listing and this school0.80 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.62 miles
Public District Grades 6-8
High School
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school0.70 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school19.01 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Gault Street Elementary School
17000 Gault St
Distance between this listing and this school1.11 miles
Public District Grades KG-5
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school8.92 miles
Public Magnet Grades 1-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school10.93 miles
Public Magnet Grades KG-6
Assigned Schools
5
/10
William Mulholland Middle School
17120 Vanowen St
Distance between this listing and this school0.80 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school15.62 miles
Public District Grades 6-8
Nearby Schools
7
/10
Hesby Oaks Leadership Charter
15530 Hesby St
Distance between this listing and this school2.00 miles
Public Charter Grades KG-8
Assigned Schools
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school0.70 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school19.01 miles
Public Magnet Grades 9-12
Nearby Schools
2
/10
Independence Continuation
6501 Balboa Blvd
Distance between this listing and this school0.68 miles
The neighbors living near this home have an average income of $42,711. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16419 Victory Blvd
What is the listing price of this property?
The listing price of 16419 Victory Blvd property is $1,000,000.
What type of property is this?
The property 16419 Victory Blvd is land located in Los Angeles, California, 91406.
Is this property for sale now?
Accepting Backup Offers: 16419 Victory Blvd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 16419 Victory Blvd are: Gault Street Elementary School: GreatSchools Rating 7/10Academy For Enriched Sciences: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 9/10William Mulholland Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 16419 Victory Blvd in Los Angeles, CA and zip code 91406 in the The San Fernando Valley neighborhood. This home sits on a 0.15 acre lot. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $1,000,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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