14717 Victory Boulevard, Van Nuys, CA 91411

• 3 beds |
• 2 baths |
• 1,166 sqft

Property 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 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.

Listing Status:

Active

Listing Office:

Keller Williams Luxury :

Listing Agent:

Shira Dunn : 424-653-0560

MLS ID:

SR25248003

Interior

• A/C: Central Forced Air
• Fireplace: N/K

Exterior

• Pool: N/K
• Parking: Parking spaces: 1

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: LAR32236021017
• View: N/K

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS

This listing courtesy of Shira Dunn, Keller Williams Luxury