Listing Agent: Shira Dunn Broker/Office: Keller Williams Luxury
14717 Victory Boulevard Van Nuys CA 91411
$ 1,175,000
3
| 2
| 1166 Sq Feet
Listing ID
#SR25248003
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1925
Days on website
2
Description
RARE, SHOVEL-READY DEVELOPMENT OPPORTUNITY in a highly sought-after location! 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 units—each with a private balcony and access to floor-level trash chutes—that 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.
Location
Financial Information
List Price:
$ 1175000
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
MLS Area Major:
VN - Van Nuys
City:
Van Nuys
Senior Community YN:
false
Listed By:
Shira Dunn
Keller Williams Luxury
CA Lic#
CA Lic#