See Home Value
$900,000
● House - Off Market

11618 Victory Boulevard

North Hollywood, CA 91606
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,380 Ft²
$4,906
Est. Monthly

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!
Unit Size
1,380 Ft²
Days on Market
80 days
Land Size
0.16 acres
Price per sqft
$724
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941

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Last updated: 2 years ago (CRMLS #GD25155281)

Price History

Date / Event Date Event Price
Sep 29, 2025 Sold
Sold
Aug 26, 2025 In contract -
In contract
Jul 9, 2025 Listed by JohnHart Real Estate $999,000
Listed by JohnHart Real Estate
May 15, 2025 Listed $999,000
Listed
11618 Victory Blvd is an SB-8 EXEMPT, NON-RENT CONTROLLED, OPPORTUNITY ZONE, FLAT, LAR3(Q)-zoned lot—an increasingly rare find in the LA landscape. With limited SB-8 exempt properties available, this is a prime chance to build without tenant relocation delays or replacement unit requirements—saving both time and money. Opportunities like this are becoming increasingly scarce—don’t miss your chance to develop in North Hollywood!
Jun 22, 2022 No longer available -
No longer available
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Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,020
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANKERSHIM RANCH LAND & WATER CO
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • Legal Description 1: PROPERTY OF THE LANKERSHIM RANCH, LAND AND WATER CO W 60 FT OF E 510 FT OF S 117 FT OF N 142 FT OF LOT/SEC 105

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 124104

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 16-D5
  • Parcel: 2335-026-008
  • Lot: 105
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.1864
  • Longitude: -118.385

    Address

  • Full Address: 11618 Victory Blvd
  • Address - House Number: 11618
  • Address - Street Name: Victory
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C004
  • 4-Digit Zip Code: 3514
  • Zip Code: 91606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $94,053
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 823,619
  • High Value: 879,421
  • Low Value: 767,818

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $865,980
  • Assessed Land Value: $692,784
  • Assessed Improvements Value: $173,196

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 649079
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Valley


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Frequently Asked Questions

When was property at 11618 Victory Boulevard built and last sold?
The property at 11618 Victory Boulevard was built in 1941 and last sold on Jul 14, 2021 for $849,000.
How much is this home worth?
The estimated value of the home located at 11618 Victory Boulevard is $0.
What are some comparable homes to 11618 Victory Boulevard?
There are currently no comparable homes to 11618 Victory Boulevard.