16643 Victory BLVD Save Request In-Person Tour Request Virtual Tour
Lake Balboa,CA 91406
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR24198765
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Year Built 1953
Lot Size 6,237 Sqft
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!
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LARD2
Rooms
Ensuite Laundry Washer Hookup,Gas Dryer Hookup,In Kitchen
Interior
Laundry Location Washer Hookup,Gas Dryer Hookup,In Kitchen
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Fireplaces Type None
Inclusions stove, microwave, dishwasher, refrigerator, EV charger
Laundry Washer Hookup,Gas Dryer Hookup,In Kitchen
Exterior
Garage Electric Vehicle Charging Station(s),Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected
View Y/N No
View None
Building
Lot Description Back Yard,Front Yard
Dwelling Type House
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional
Special Listing Condition Standard