SoldSep 29, 2025

Listed by Martin Lazarian

, 

Listed and Bought with Masis Babakhanyan from John Hart Real Estate

Source: California Regional Multiple Listing Service, Inc #GD25155281

11618 Victory Boulevard, Los Angeles, CA, 91606

$900,000

3
1
1
1380 sq. ft.
7022 sq. ft.

SingleFam

•

30+ days on the market

Sold: Sep 29, 2025

What's around 11618 Victory Boulevard

About this property

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!

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