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Chuck Lamm

chuck.lamm@engelvoelkers.com +1(818) 652-2876

$ 899,000

Est. payment -/mo

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Active Under Contract

16643 Victory BLVD Lake Balboa, CA 91406

3 Beds

2 Baths

6,237 Sqft Lot

UPDATED:

10/30/2024 02:04 PM

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

HOA Y/N No

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

Main Level Bedrooms 3

Ensuite Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen

Interior

Interior Features Separate/Formal Dining Room, Granite Counters, Recessed Lighting

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

Fireplace No

Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater

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

Porch Enclosed

Parking Type Electric Vehicle Charging Station(s), Garage

Attached Garage No

Total Parking Spaces 5

Private Pool No

Building

Lot Description Back Yard, Front Yard

Dwelling Type House

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2231010026

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

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

Listed by Amanda Debow • Equity Union • 508-942-0514

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

Chuck Lamm

16643 Victory BLVD Lake Balboa, CA 91406

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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16643 Victory BLVD