$864,000
$899,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,216 SqFt
SOLD DATE : 05/29/2025
Key Details
Sold Price $864,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,216 sqft
Price per Sqft $710
MLS Listing ID SR24198765
Sold Date 05/29/25
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
HOA Y/N No
Year Built 1953
Lot Size 6,237 Sqft
Property Sub-Type Single Family Residence
Property Description
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!
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LARD2
Rooms
Main Level Bedrooms 3
Interior
Interior Features Separate/Formal Dining Room, Granite Counters, Recessed Lighting
Heating Central
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, In Kitchen
Exterior
Parking Features 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
Attached Garage No
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard, Front Yard
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
Financing Cash
Special Listing Condition Standard
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Bought with Amanda Debow • Equity Union
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Agent | License ID: 01958131