16643 Victory Blvd van Nuys, CA 91406
Lake Balboa Neighborhood
3
Beds
2
Baths
1,216
Sq Ft
6,239
Sq Ft Lot
Highlights
- Granite Countertops
- Enclosed Patio or Porch
- Bathtub
- No HOA
- Eat-In Kitchen
- Electric Vehicle Home Charger
About This Home
As of May 2025SB8 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!
Last Agent to Sell the Property
Equity Union Brokerage Phone: 508-942-0514 License #02191434 Listed on: 09/24/2024
Last Buyer's Agent
Equity Union Brokerage Phone: 508-942-0514 License #02191434 Listed on: 09/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,336
Year Built
- Built in 1953
Lot Details
- 6,239 Sq Ft Lot
- Back and Front Yard
- Property is zoned LARD2
Parking
- 2 Car Garage
- 3 Open Parking Spaces
- Electric Vehicle Home Charger
- Parking Available
Interior Spaces
- 1,216 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Granite Bathroom Countertops
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 18219
- Assessor Parcel Number 2231010026
- $262 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 24, 2024
Closed on
May 1, 2025
Sold by
Sanchez Jose Luis and Lopez Diana
Bought by
Live On Victory Llc
Seller's Agent
Amanda Debow
Equity Union
Buyer's Agent
Amanda Debow
Equity Union
List Price
$899,000
Sold Price
$864,000
Premium/Discount to List
-$35,000
-3.89%
Views
41
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.98%
Purchase Details
Listed on
Oct 14, 2021
Closed on
Dec 6, 2021
Sold by
Beck Richard B and The Belmont G Beck Trust
Bought by
Jjmt Llc
Seller's Agent
Larry Margo
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
List Price
$689,500
Sold Price
$727,000
Premium/Discount to List
$37,500
5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$690,650
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 14, 2021
Closed on
Dec 3, 2021
Sold by
Jjmt Llc
Bought by
Sanchez Jose Luis and Lopez Diana
Seller's Agent
Larry Margo
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
List Price
$689,500
Sold Price
$727,000
Premium/Discount to List
$37,500
5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,650
Interest Rate
2.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2011
Sold by
Apex Equity Fund Llc
Bought by
Beck William C and Belmont G Beck Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
4.53%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 23, 2010
Sold by
Bernasconi Rene and Novak Athena
Bought by
Apex Equity Fund Llc
Purchase Details
Closed on
Mar 19, 2008
Sold by
Bernasconi Rene and Novak Athena
Bought by
Lake Balboa Vistas Llc
Purchase Details
Closed on
Apr 27, 2006
Sold by
Romero Ramon A and Parada Clara E
Bought by
Bernasconi Rene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.55%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 20, 2004
Sold by
Romero Ramon Antonio and Romero Juana
Bought by
Romero Ramon A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.75%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 26, 2002
Sold by
Parada Clara
Bought by
Romero Ramon Antonio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.62%
Purchase Details
Closed on
Jul 24, 1996
Sold by
Pereira Jose A
Bought by
Romero Ramon Antonio and Parada Clara
Purchase Details
Closed on
Feb 7, 1996
Sold by
Pereira Jose A and Hernandez Oscar
Bought by
Pereira Jose A and Hernandez Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,120
Interest Rate
7.04%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 23, 1995
Sold by
Deleon Blanca
Bought by
Deleon Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,596
Interest Rate
9.09%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 15, 1995
Sold by
Emc Mtg Corp
Bought by
Pereira Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,596
Interest Rate
9.09%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 1994
Sold by
California Reconveyance Company
Bought by
Emc Mtg Corp
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $864,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | California Title Company | |
| Grant Deed | $727,000 | California Title Company | |
| Grant Deed | $317,500 | Fidelity Van Nuys | |
| Trustee Deed | $237,000 | Accommodation | |
| Grant Deed | -- | Accommodation | |
| Grant Deed | $540,000 | First American Title | |
| Interfamily Deed Transfer | -- | Commerce Title | |
| Grant Deed | -- | Landsafe Title Company | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Investors Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | -- | Fidelity National Title Ins | |
| Grant Deed | $129,000 | Fidelity National Title Ins | |
| Trustee Deed | $114,750 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $690,650 | New Conventional | |
| Previous Owner | $47,000 | Unknown | |
| Previous Owner | $93,000 | Unknown | |
| Previous Owner | $106,500 | Unknown | |
| Previous Owner | $432,000 | Purchase Money Mortgage | |
| Previous Owner | $173,000 | Unknown | |
| Previous Owner | $147,000 | No Value Available | |
| Previous Owner | $134,120 | FHA | |
| Previous Owner | $134,596 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $864,000 | -3.9% | $711 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/21/2025 04/21/25 | For Sale | $899,000 | 0.0% | $739 / Sq Ft |
| 10/26/2024 10/26/24 | For Sale | $899,000 | +4.1% | $739 / Sq Ft |
| 10/25/2024 10/25/24 | Off Market | $864,000 | -- | -- |
| 10/24/2024 10/24/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $899,000 | -5.4% | $739 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $950,000 | +30.7% | $781 / Sq Ft |
| 12/23/2021 12/23/21 | Sold | $727,000 | +5.4% | $598 / Sq Ft |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- |
| 11/19/2021 11/19/21 | For Sale | $689,500 | 0.0% | $567 / Sq Ft |
| 10/19/2021 10/19/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | For Sale | $689,500 | -- | $567 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,336 | $771,496 | $617,197 | $154,299 |
| 2024 | $9,336 | $756,370 | $605,096 | $151,274 |
| 2023 | $9,156 | $741,540 | $593,232 | $148,308 |
| 2022 | $8,730 | $727,000 | $581,600 | $145,400 |
| 2021 | $4,577 | $368,419 | $151,544 | $216,875 |
| 2019 | $4,442 | $357,494 | $147,050 | $210,444 |
| 2018 | $4,348 | $350,485 | $144,167 | $206,318 |
| 2016 | $4,149 | $336,877 | $138,570 | $198,307 |
| 2015 | $4,089 | $331,818 | $136,489 | $195,329 |
| 2014 | $4,110 | $325,319 | $133,816 | $191,503 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Debow
A
Seller's Agent in 2025
Amanda Debow
Equity Union
(508) 942-0514
1 in this area
9 Total Sales
-
Elvin Apelian
Seller Co-Listing Agent in 2025
Elvin Apelian
Equity Union
(818) 618-1818
1 in this area
77 Total Sales
-
Larry Margo
Seller's Agent in 2021
Larry Margo
Berkshire Hathaway HomeServices California Properties
(818) 755-1000
1 in this area
5 Total Sales
-
Magdalena Aguilar
Buyer's Agent in 2021
Magdalena Aguilar
KELLER WILLIAMS PREMIER PROPER
(626) 232-4356
1 in this area
75 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24198765
APN: 2231-010-026
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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