Property Details
About this Property
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.
MLS Listing Information
MLS #
CRP1-18159
MLS Source
California Regional MLS
Lots & Land Information
Fencing
None
Parking, School, and Other Information
HOA Fee
$0
Zoning
SPKN
Contact Information
Listing Agent
Amy Weber
COMPASS
License #: 01946366
Phone: (818) 568-4243
Co-Listing Agent
Maria Moreno
Regional Real Estate
License #: 02014010
Phone: (562) 207-7449
Neighborhood: Around This Home
Neighborhood: Local Demographics
16419 Victory Boulevard Bld is in Los Angeles, CA 91406. This Land is currently priced at $1,000,000. This address can also be written as 16419 Victory Boulevard Bld, Los Angeles, CA 91406.
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This listing information is up-to-date as of November 16, 2024. For the most current information, please contact Amy Weber, (818) 568-4243
