14717 Victory Blvd, Van Nuys, CA, 91411

USD 1,250,000
For Sale

Property Details

Bedrooms

3

Bathrooms

2

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 3 • Bathrooms: 2 • Square Feet: 1166 • Lot/Size: 6,502 sqft lot

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

Location

Address

14717 Victory Blvd, Van Nuys, CA, 91411

City

Van Nuys

Features and Finishes

Year Built: 1925; [object Object]; [object Object]; [object Object]

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