Active
14717 Victory Boulevard
Van Nuys CA, 91411
$1,495,000
$1,282.16 per sqft
Active
3 Beds
2 Baths
1,166 sqft
Residential
Built in 1925
Listed by Shira Dunn with Keller Williams Coastal Properties 424-653-0560
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.
SR24254523
MLSⓇ ID
January 3, 2025
Listed
January 17, 2025
Updated
Map
14717 Victory Boulevard
Van Nuys CA, 91411
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Laundry Description
Inside, Laundry Room
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
0-1 Unit/Acre
Sewer
Public Sewer
School Information
School District
Los Angeles Unified
Other Property Details
Area Name
VN - Van Nuys
Days on Market
10
Garage
Yes
Garage Spaces
1
Parking Total
1
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listing Contact: 562-961-1400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/17/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 1/17/2025 at 11:27 AM UTC