11618 Victory Boulevard, North Hollywood, CA 91606
Single-family home · 2 recorded sales since 2022
Sold September 2025
Listing Agent: Mike Babakhanyan (DRE #01781588) · Listing Office: JohnHart Real Estate · Contact: 818-688-1645 · Bought with: Mike Babakhanyan · JohnHart Real Estate · MLS #GD25155281 · Source: CRMLS
About this single-family home
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 description from the September 2025 sale, as reported to CRMLS.
Sale history
