16643 Victory Boulevard, Lake Balboa, CA 91406

$899,000 Approx. USD 3 beds, 2 baths
1,216 sqft

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

SB8 APPROVED!! Attention developers and investors! 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 investors, this is a perfect opportunity with ADU potential. 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 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. Don’t miss out on the endless possibilities this property provides!

Listing Details

Property type: Single Family Residence (Single Family)

Status: Pending

MLS# SR24198765

List price is $899,000 Reduced by $51,000 on 10/4/2024

Price: $899,000

HOA Fee is $0.00

Beds: 3

Baths: 2 (1 full)

None fireplaces

Built in 1953

1,216 sqft