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.
Address
Open on Google Maps- Address 14717 Victory Boulevard
- City Van Nuys
- State/county CA
- Zip/Postal Code 91411
- Country US
Details
Updated on May 19, 2026 at 1:15 pm- Property ID: SR26107752
- Price: $1,250,000
- Land Area: 0.1493 Acres
- Bedrooms: 3
- Bathrooms: 2
- Garage: 1.0
- Garage Size: x x
- Year Built: 1925
- Property Type: Single Family Residence, Residential
- Property Status: Active
Additional details
- Listing Terms: Cash,Cash to New Loan,Conventional
- Sewer: Public Sewer
- Cooling: Central Air
- County: Los Angeles
- Property Type: Residential
- Pool: None
- Community Features: Storm Drain(s),Street Lights,Sidewalks
