Listing Agent: Shira Dunn Broker/Office: Keller Williams Luxury
14717 Victory Boulevard Van Nuys CA 91411
$ 1,495,000
3
| 2
| 1166 Sq Feet
Listing ID
#SR25146607
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1925
Days on website
2
Description
Prime Development Opportunity – Plans for 24 Units Nearly RTI!
Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth.
Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability.
As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.)
Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay.
Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour!
Buyer to independently verify all information.
Location
Financial Information
List Price:
$ 1495000
Property Features
High School District:
Los Angeles Unified
Laundry Features:
Inside
Levels:
One
Senior Community YN:
false
Structure Type:
House
Water Source:
Public
High School District:
Los Angeles Unified
Senior Community YN:
false
MLS Area Major:
VN - Van Nuys
City:
Van Nuys
Listed By:
Shira Dunn
Keller Williams Luxury
CA Lic#
CA Lic#