11
See all 11 photos
$1,250,000
Est. payment /mo
3 Beds
2 Baths
1,166 SqFt
New
14717 Victory Boulevard Van Nuys, CA 91411
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,166 sqft
Price per Sqft $1,072
MLS Listing ID SR26235286
Bedrooms 3
Full Baths 2
Year Built 1925
Lot Size 6,502 Sqft
Property Sub-Type Detached
Property Description
Exceptional Development Opportunity 24 Units with Potential for 30! An exciting opportunity for developers and investors to capitalize on a multifamily project with significant upside potential! Zoned LAR3, this property offers plans for a five-story, 24-unit apartment building, with Ready-to-Issue (RTI) status anticipated soon, providing a valuable head start on development. Thoughtfully designed to maximize efficiency and investment potential, the proposed building features 24 one-bedroom, one-bathroom residences, each with a private balcony, along with convenient floor-level trash chutes. The project is designed to qualify under an affordable housing initiative, with no parking requirements, allowing for greater use of the available space. Even more exciting is the potential to expand from 24 to 30 units, with the City having already approved the feasibility of the increased unit count, offering additional development flexibility and potential value. With plans nearing RTI, favorable zoning, and the opportunity to create a substantial multifamily asset, this is a compelling investment for developers looking to bring their next project to life. Contact us for additional details and development plans. Buyer to independently verify all information, including zoning, approvals, unit count, RTI status, parking requirements, and development feasibility.
Location
State CA
County Los Angeles
Zoning LAR3
Direction On Victory Blvd and Kester Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
Porch Patio Open
Total Parking Spaces 1
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 2236021017
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
Listed by Shira Dunn, DRE#02100807 Keller Williams Luxury
Co-listed byNON LISTED OFFICE
Co-listed byNON LISTED OFFICE
Nearby Locations
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