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$1,250,000

FOR SALE
Active

14717 Victory Boulevard

Van Nuys, CA

MLS# SR26235286

1,166 Sq Ft • Single Family Home3bd • 2ba
4 days on marketNalren refreshed

Listing Agent

Shira Dunn

Listing Agent

Keller Williams Luxury

DRE #: 02100807

(424) 653-0560

Brokerage: Keller Williams Luxury

Property Details

3

Bedrooms

2

Bathrooms

1,166 sqft

Square Feet

1925

Year Built

6,502 sqft

Lot Size

$1,072

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Single Family Home

Property Type

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
In-Unit Laundry, Laundry Room
Interior Features
Eat In Kitchen, High Ceilings

Exterior

Private Pool
No
Patio And Porch Features
Open, Patio
Lot Features
0–1 Acre Lot, Back Yard

Building

Year Built
1925
Living Area
1,166 sqft
Levels
One
Property Condition
Fixer
Stories Total
1

Utilities

Cooling
Central Air
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
1
Parking Total
1

Community / HOA

HOA
No
Association Fee
$0

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