14717 Victory Boulevard, Van Nuys, CA 91411

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Glen Henderson

[email protected] +1(619) 889-7646

$1,495,000

Est. payment - /mo

3 Beds

2 Baths

1,166 SqFt

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UPDATED:

01/04/2025 08:09 PM

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 $1,282

MLS Listing ID SR24254523

Style Detached

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1925

Lot Size 6,502 Sqft

Acres 0.1493

Type of Financing Cash,Conventional,Cash To New Loan

Property Description

Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with privete balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of space and profitability. Dont miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour! If Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this adjustment. Buyer to independently verify all information.
Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with privete balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of space and profitability. Dont miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour! If Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this adjustment. Buyer to independently verify all information.

Location

State CA

County Los Angeles

Area Van Nuys (91411)

Zoning LAR3

Interior

Cooling Central Forced Air

Laundry Laundry Room, Inside

Air Conditioning Central Forced Air

Exterior

Garage Spaces 1.0

Total Parking Spaces 1

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $19

Miscellaneous Storm Drains

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

CFD/Mello-Roos Fee $230

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Listed by Shira Dunn • Keller Williams Coastal Properties

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

14717 Victory Boulevard Van Nuys, CA 91411

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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