Los Angeles, CA 91406,16419 Victory Boulevard Boulevard
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Los Angeles, CA 91406,16419 Victory Boulevard Boulevard
Los Angeles, CA 91406,16419 Victory Boulevard Boulevard
Los Angeles, CA 91406,16419 Victory Boulevard Boulevard
Listed by Amy Weber • COMPASS
Bought with Andrianna Chakava • Coldwell Banker Realty

$1,000,000

Est. payment /mo

$1,000,000

Est.Price: ?

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16419 Victory Boulevard Boulevard Los Angeles, CA 91406

6,446 SqFt

SOLD DATE : 11/15/2024

Key Details

Sold Price $1,000,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Square Footage 6,446 sqft

Price per Sqft $155

MLS Listing ID CRP1-18159

Sold Date 11/15/24

HOA Y/N No

Originating Board Datashare California Regional

Lot Size 6,446 Sqft

Property Description

Back on market, no fault of sellers. Unlock the potential of this RTI (Ready-to-Issue) development opportunity adjacent to beautiful Lake Balboa. This exceptional offering includes a full set of meticulously designed architectural plans for a 5-unit apartment building, featuring four spacious units plus an Additional Dwelling Unit (ADU). The proposed development includes a total of 6,548 square feet of modern living space on a generous 7,835 square foot lot. The plans also call for a 4-car garage for a convenient and secure parking option as well as alley access for ease of entry and exit. This opportunity is RTI ready. All permits and plans are approved and ready to build, saving you time and hassle. The land comes with detailed and professionally designed architectural plans for optimal functionality and aesthetic appeal. Investors can benefit from no rent control due to new construction. The plans appeal to tenants looking for modern, brand-new living spaces which can easily garner top rental prices. All the heavy lifting has been done, just step in and start building! Photos are renderings based off of the architectural plans.

Location

State CA

County Los Angeles

Interior

Fireplace No

Exterior

View None

Building

Water None

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Bay East AOR and Contra Costa AOR
agent

Luis Vasquez

Agent | License ID: 02083319

+1(650) 200-8722

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