14717 Victory Boulevard, Van Nuys, CA 91411
List Price: $1.25M
Listing Status: Active
0Days on Market: 25
3 Bedrooms · 2 Bathrooms · 1,166 sq ft
Property Type: Residential
Year Built: 1925
Lot Size: 6,502 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: SR26107752
About This Property
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.
Listing provided by: Shira Dunn DRE #02100807 818-200-2929 shira4realestate@gmail.com, Keller Williams Luxury
Source: CRMLS, MLS #: SR26107752
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.