16647 Victory Boulevard
Van Nuys, CA 91406
Sold
16647 Victory Boulevard
Van Nuys, CA 91406
Sold
We are pleased to present 16647 Victory Boulevard, a Ready to Issue "RTI", development site to build 4 units that will allow the developer to start building as soon as they close escrow. The project is well-designed and consists of (4) 3 Bed / 2 Bath units. Unlike similar projects, the design also includes an office and recreation room, which will enhance the tenant experience and generate higher rents. The building design is for 2 stories residential with the parking garage on the first floor. Plans call for 3 units on the top floor and 1 unit plus rec room and office on the bottom floor. The project also provides 4 standard, 1 compact and 1 disabled car parking spots as well as 6 bicycle parking spaces. The project is ideally located across the street from Lake Balboa Park and the Balboa Orange Line Station as well as close to the Van Nuys Airport and Van Nuys Golf Course. Van Nuys is a neighborhood in the San Fernando Valley region of Los Angeles, California. The San Fernando Valley itself has a population of around 1.862 million people. The Van Nuys neighborhood is known for its residential areas, shopping centers, and the Van Nuys Airport, which is one of the busiest general aviation airports in the world. Some of the popular attractions in Van Nuys include the Japanese Garden, the Valley Municipal Building, and the Sepulveda Dam Recreation Area. The neighborhood is also home to several schools, including Van Nuys High School and Valley College. The neighborhood is easily accessible by car, with major highways like the 101 and 405 running through the area and is also served by the Van Nuys FlyAway bus service to LAX airport.
PROPERTY INFORMATION
MLS # | 23261617 | Lot Size | 6,238 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 1,075,000
Price Per SqFt: $ 172 |
DOM | 743 Days |
Address | 16647 Victory Boulevard | Type | Land |
City | Van Nuys | Sq.Ft. | 6,238 Sq. Ft. |
Postal Code | 91406 | Garage | N/A |
County | Los Angeles | Year Built | |
Bed / Bath | 0 / 0 | Parking | N/A |
Built In | Status | Closed | |
Sold Date | 2023-07-11 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,147
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
05/05/2023 | Pending | $1,075,000 |
04/18/2023 | Listed | $1,075,000 |

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Listing provided courtesy of Filip Niculete, Marcus & Millichap. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.