$950,000
- Beds
- 3
- Baths
- 1.75
- sq ft
- 1,216
16643 Victory Blvd, Van Nuys, CA 91406
16643 Victory Blvd
Lake Balboa, CA 91406
- 4 days on market
- Open house Sep 28
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!
Details
Property type
Single Family Residence
Lot size
6,239 sq ft
Price per sq ft
$782
Year built
1953
Price History
09/24/2024
CRMLS #SR24198765
Listed
$950,000
+30.67%
12/23/2021
CRMLS #SR21228310
Sold
$727,000
Schools & Community
Neighborhood:
Lake Balboa
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
High school district:
Los Angeles Unified
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Status: Active
Tomo last checked: 09/27/2024 at 9:20 PM
Listing updated: 09/26/2024 at 6:21 PM
Listed by: Amanda Debow, Equity Union Phone #: (818) 989-2000
MLS: CRMLS #SR24198765
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