14717 Victory Boulevard, Van Nuys, CA 91411 - MLS#SR25248003

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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$1,175,000

Est. payment - /mo

3 Beds

2 Baths

1,166 SqFt

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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 $1,007

MLS Listing ID SR25248003

Bedrooms 3

Full Baths 2

Year Built 1925

Lot Size 6,502 Sqft

Property Sub-Type Detached

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.

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

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

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Listed by Shira Dunn Keller Williams Luxury

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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14717 Victory Boulevard Van Nuys, CA 91411

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

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