14717 Victory Boulevard Van Nuys, CA 91411
3 Beds
2 Baths
1,166 SqFt
UPDATED:
01/04/2025 08:09 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,166 sqft
Price per Sqft $1,282
MLS Listing ID SR24254523
Style Detached
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1925
Lot Size 6,502 Sqft
Acres 0.1493
Property Description
Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with privete balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of space and profitability. Dont miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour! If Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this adjustment. Buyer to independently verify all information.
Location
State CA
County Los Angeles
Area Van Nuys (91411)
Zoning LAR3
Interior
Cooling Central Forced Air
Laundry Laundry Room, Inside
Exterior
Garage Spaces 1.0
Total Parking Spaces 1
Building
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Monthly Total Fees $19
Miscellaneous Storm Drains
Acceptable Financing Cash, Conventional, Cash To New Loan
Listing Terms Cash, Conventional, Cash To New Loan
Special Listing Condition Standard
