16643 Victory Boulevard Pending

Lake Balboa,CA 91406

$ 899000

3 Beds

2 Baths

1216 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $739

MLS Listing ID SR24198765

Style Detached

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1953

Lot Size 6,239 Sqft

Acres 0.1432

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, its 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 youre looking to invest or settle into your first home, dont miss out on the endless possibilities this property provides!
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, its 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 youre looking to invest or settle into your first home, dont miss out on the endless possibilities this property provides!

Location

State CA

County Los Angeles

Area Van Nuys (91406)

Zoning LARD2

Interior

Interior Features Granite Counters,Recessed Lighting

Cooling Central Forced Air

Flooring Laminate,Tile

Equipment Dishwasher,Microwave,Refrigerator,Gas Range

Appliance Dishwasher,Microwave,Refrigerator,Gas Range

Laundry Kitchen

Exterior

Parking Features Garage

Garage Spaces 2.0

Utilities Available Sewer Connected

Total Parking Spaces 5

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $21

Acceptable Financing Cash,Conventional,Cash To Existing Loan,Cash To New Loan

Listing Terms Cash,Conventional,Cash To Existing Loan,Cash To New Loan

Special Listing Condition Standard

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