14717 Victory Boulevard

Van Nuys , CA 91411

MLS#: SR25146607

$1,495,000

Status: Active
Listing number: SR25146607
Listing provided by: Keller Williams Luxury
Listing agent phone: None
Last update: 21 days ago
On site: 23 days ago
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Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1925

Sq.Footage

1,166

Price per SqFt

N/A

Prime Development Opportunity – Plans for 24 Units Nearly RTI! Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability. As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.) Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay. Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour! Buyer to independently verify all information.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

Exterior

  • Garage

    Yes

  • Garage spaces

    1

Area & Lot

  • Lot Size(acres)

    0.1493

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

Financial

  • Sales Price

    $1,495,000

Property Features

  • Association

    NO

  • Senior Community YN

    No

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Location

County

Los Angeles

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Listing Courtesy of Shira Dunn , Keller Williams Luxury

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LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


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Prime Development Opportunity – Plans for 24 Units Nearly RTI! Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability. As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.) Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay. Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour! Buyer to independently verify all information.

14717 Victory Boulevard

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