- 3 beds
- 1 bath
- 1,380 sqft
- 7,022 sqft lot
- $723 per sqft
- 1941 build
- – on site
Located at 11618 Victory Blvd, this single-family home is ready for demolition, less than a month away from RTI (Ready to Issue) permit, to build a 5-unit complex. Set in an area surrounded by high-demand apartment complexes, this project is perfect for investors looking to capitalize on the growing need for quality rental units. Each of the 5 units features 2 bedrooms, 2 bathrooms, and 1,200 sq. ft. of living space, with two units on the first floor and three on the second floor. With new construction properties commanding premium rents, this project offers a unique opportunity to build and hold for your portfolio, providing strong long-term cash flow or whether you're an experienced developer looking to flip for a significant return, the possibilities are endless. The heavy lifting has already been done – plans are less than a month away from approval! Prior to opening escrow, RTI plans will be presented. Close escrow and start the demolition right away. Take advantage of this rare chance to develop in a high-demand area with major upside potential. This is the investment opportunity you've been waiting for!
Last checked:
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Last updated Jul 12, 2025
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MLS# GD25155281 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1941
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:1
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Structure Type:House
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Entry Location:main
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Room Type:See Remarks
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:None
Room Dimensions
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Living Area:1380.00
Location
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Directions:Cross Street Beck Ave
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Latitude:34.18637800
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Longitude:-118.38499900
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR3
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Lot Features:Lot 6500-9999
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Lot Size Area:7022.0000
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Lot Size Acres:0.1612
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Lot Size SqFt:7022.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1241.04
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Tax Tract:1241
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Tax Lot:105
Beds
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Total Bedrooms:3
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Main Level Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2335026008
Heating & Cooling
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Cooling:No
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Cooling:None
Utilities
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Sewer:Sewer Paid
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Water Source:Public
Schools
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High School District:Los Angeles Unified
The Community
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Features:Valley
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Association:No
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Pool:Private, In Ground
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Senior Community:No
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Private Pool:Yes
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Assessments:No
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Assessments:None
Parking
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Parking Spaces:1.00
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Attached Garage:No
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Garage Spaces:1.00
Monthly cost estimate

Asking price
$999,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,349
|
Taxes | N/A |
Insurance | $274 |
Utilities | $148 See report |
Total | $5,771/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/11/25
Jul 11, 2025
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Listed / Active | CRMLS_CA | $999,000 | 17.7% (5.8% / YR) |
5/17/25
May 17, 2025
|
Listed / Active | BRIDGE | ||
5/16/25
May 16, 2025
|
Listed / Active | CRMLS_CA |

41% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $30k above asking price on average, but some went as high as $210k over asking price.