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SoldSep 29, 2025Residential
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11618 Victory Boulevard

North Hollywood, CA 91606
Beds3
Baths1
Square Ft.1,380
$900,000
Listed for $999,000 · Sold Sep 29, 2025
Listing provided by Mike Babakhanyan, JohnHart Real Estate · Co-listed by Martin Lazarian

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!

Listing Snapshot
Days online78
Last updatedSep 30, 2025
Property typeSingle Family Residence
Beds3
Full baths1
Square ft.1,380
Lot size0.16 Acres
Year built1941
MLS numberGD-25155281

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