16643 Victory BLD Active

Lake Balboa,CA 91406

$ 899000

3 Beds

2 Baths

1216 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,216 sqft

Price per Sqft $739

MLS Listing ID CRSR24198765

Bedrooms 3

Full Baths 2

Year Built 1953

Lot Size 6,239 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

Dining Room Formal Dining Room,Other

Kitchen Dishwasher,Microwave,Oven Range - Gas,Refrigerator

Interior

Heating Central Forced Air

Cooling Central AC

Flooring Laminate

Fireplaces Type None

Laundry Gas Hookup,In Kitchen,30

Exterior

Garage Garage

Garage Spaces 2.0

Pool 31,None

View None

Building

Story One Story

Water District - Public

Others

Special Listing Condition Not Applicable

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