14717 Victory Boulevard, Van Nuys, CA 91411
- $1,250,000
- 3
- BD
- 2
- BA
- 1,166
- SqFt
List Agent Shira Dunn () Keller Williams Luxury; CoList ()
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- SR26107752
- Year Built
- 1925
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,166
- Lot Size
- 6,502
- Lot Location
- 0-1 Unit/Acre, Back Yard
- Days on Market
- 116
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property Description
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.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Patio
- Open, Patio
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.