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

This home located at 11618 Victory BLVD is currently active and has been available on pardeeproperties.com for 17 days. This property is listed at $999,000. It has 3 beds and 1 bathrooms. The property was built in 1941. 11618 Victory BLVD is in the North Hollywood community of Los Angeles County.

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