14717 Victory Boulevard, Van Nuys, CA 91411
-
Listed Price :
$1,495,000
-
Beds :
3
-
Baths :
2
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Property Size :
1,166 sqft
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Year Built :
1925
Property Description
Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity.
Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with privete balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of space and profitability. Don’t miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour!
If Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this adjustment.
Buyer to independently verify all information.
Interior Features
| Laundry Information |
| Location(s) |
Inside, Laundry Room |
| Bedroom Information |
| Bedrooms |
3 |
| Bathroom Information |
| Bathrooms |
2 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
14717 Victory Boulevard |
| City |
Van Nuys |
| State |
CA |
| Zip |
91411 |
| County |
Los Angeles |
| Listing Agent |
Shira Dunn DRE #02100807 |
| Courtesy Of |
Keller Williams Coastal Properties |
| List Price |
$1,495,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,166 |
| Lot Size |
6,502 |
| Year Built |
1925 |
Listing information courtesy of: Shira Dunn, Keller Williams Coastal Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 4th, 2025 at 2:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
