$899,000
Accepting Backup Offers

16643 Victory Boulevard

Lake Balboa, CA 91406
1216 sqft | 3 beds | 1.75 baths | 0.14 acres | #SR24198765
Listing OfficeEquity Union
Browse 33 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorSeparateFormalDiningRoom, GraniteCounters, RecessedLighting
    • Beds & Baths
      • Bathrooms1.75
      • Bedrooms3
      • Full Baths1
      • 3/4 Baths1
  • Property Details
      • Lot DescriptionBackYard, FrontYard
      • Stories1
    • Measurements
      • Acres0.1432
      • Square Feet1216
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Utility FeaturesSewerConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLos Angeles Unified
      • CountyLos Angeles
  • Financial Details
      • Original List Price$950,000
  • Other
      • MLS #SR24198765

Location

Marylin PaulReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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