14717 Victory Boulevard,Van Nuys, CA 91411
Van Nuys, CA 91411
Description
This is a fantastic equity opportunity offering a fast track to development with plans for a 24-unit, 5-story apartment building (LAR3 zoning) anticipated to be Ready-to-Issue (RTI) very soon! The project is strategically designed for maximum profitability, featuring 1-bedroom, 1-bathroom unitseach with a private balcony and access to floor-level trash chutesthat qualify under an affordable housing initiative. Crucially, the absence of parking requirements dramatically maximizes usable space and return on investment. For the savvy buyer looking to push boundaries, the city has already approved the feasibility to increase the unit count from 24 to 30 units. Seize this moment to acquire a high-yield asset in a prime development corridor. Contact us immediately for full plans and to secure your stake in this exceptional venture! Buyer to independently verify all information.
Details
| MLS # | SR26107752 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 118 |
| Listing Provided By | Keller Williams Luxury | Shira Dunn |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,166 |
| Garage | 1 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | LAR3 |
| Acreage | 0.15 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | Eat In Kitchen, High Ceilings |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre, Back Yard |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Storm Drains, Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91411 |
| Area | VN Van Nuys |
| Listing VS Median (in 91411) | |
Price: $1,250,000 low | high Med: $615,000 sqft: 1,166 low | high Med: 1,292 $ / sqft: $1,072 low | high Med: $476 On site: 118 low | high Med: 67 | |
Market Activity 91411
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91411 |
| Area | VN Van Nuys |
| Listing VS Median (in 91411) | |
Price: $1,250,000 low | high Med: $615,000 sqft: 1,166 low | high Med: 1,292 $ / sqft: $1,072 low | high Med: $476 On site: 118 low | high Med: 67 | |
