16643 Victory Boulevard

Lake Balboa, CA 91406

PRICE REDUCED

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-$51,000 (-5.37%)

$899,000

List Price

3

bed Beds

2

shower Baths

1,216 sqft

straighten / sqft

1953

calendar_month Built

Property Description

Attention developers and first-time homebuyers! This 3 bedroom, 1 and 3/4 bathroom home, located in a rapidly growing neighborhood, presents an excellent opportunity. For developers looking to expand or rebuild on the large lot, per LA city, the LARD2 zoning can accommodate a total of 4 units. 16647 Victory was sold RTI in July 2023 for $1.075M and is currently being developed into a two-story, four-unit project. For first-time homebuyers, this is a perfect starter home with ADU potential. This rare property offers something for everyone! The expansive backyard provides plenty of space for outdoor living or future expansions. With the neighborhood experiencing growth and increased demand, it’s a perfect chance for first-time buyers to secure a home in an up-and-coming area. Located near Lake Balboa Park, the Sepulveda Dam Recreation Area, Balboa Orange Line Station, Van Nuys Airport, the Van Nuys Golf Course, and LA Valley College, the neighborhood is also easily accessible to major highways like the 101 and 405. Whether you’re looking to invest or settle into your first home, don’t miss out on the endless possibilities this property provides!

Listing Information

List Price $899,000
Status Pending
MLS SR24198765
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1953
Lot Size 6,239
Structure Size 1,216
DOM 30
Courtesy Of Equity Union
Listing Agent Amanda Debow DRE#02191434
Co-Listing Agent Elvin Apelian DRE#01433009

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup, In Kitchen
Kitchen Information
Features Granite Counters, None
Total Bedroom
Bedrooms 3
Bathroom Information
Features Bathtub, Granite Counters, Separate Shower
Total Bathroom
Bathrooms 2
Flooring Information
Material Laminate, Tile
Fireplace Information
Features None
Additional Information
Additional Features Separate/Formal Dining Room, Granite Counters, Recessed Lighting
Cooling Type
Cooling Type Central Air

Exterior Information

Other Structures
Features Enclosed

Maps

Listing information courtesy of: Amanda Debow, Elvin Apelian, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 14th, 2024 at 11:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.