6640 Kester Avenue, Van Nuys, CA 91405
List Price: $1.7M
Listing Status: Active
0Days on Market: 8
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 11,094 sq ft
MLS Number: 26757205
About This Property
Welcome to this exceptional investment opportunity in the heart of Van Nuys. Situated on a prime corner lot in one of the area's most desirable neighborhoods, this shovel-ready RTI (Ready-To-Issue) development offers approved plans for a stunning 12-unit residential project. Designed with both comfort and profitability in mind, the project features a highly attractive unit mix: nine spacious 3-bedroom, 2-bath residences and three well-appointed 2-bedroom, 2-bath units, totaling over 21,000 square feet of living space. Each unit is generously sized to command strong rental income potential in today's competitive market. The four-story development also includes an expansive 4,312-square-foot garage, providing ample parking to meet tenant demanda key advantage for long-term value and appeal. With approvals in place and no existing structures on site, this is a rare, ready-to-build opportunity that allows investors and developers to move forward immediately. Don't miss your chance to capitalize on a high-yield project in a thriving rental market. This property is two lots that were combined. 6640 Kester and 6634 Kester.
Listing provided by: Brandon Guerrero DRE #02046667 949-697-2781 brandonguerrero@Serhant.com, Serhant California, Inc
Source: CRMLS, MLS #: 26757205
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.