Listed By:
Keller Williams Luxury, 424-653-0560, Shira Dunn
Local Realty Services Provided By:
Keller Williams Encino Sherman Oaks
Overview
What It'll Cost
Neighborhood
Similar Homes
$1,190,000
14717 Victory Boulevard, Van Nuys, CA 91411
3 Beds
2 Baths
1,166
sq ft
.15
ac
Log In to Reveal Price
$1,190,000
14717 Victory Boulevard, Van Nuys, CA 91411
Estimation provided by Keller Williams Realty Inc.
3 Beds
2 Baths
1,166
sq ft
.15
ac
Active
For Sale
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. Don’t 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.
Assessed Value is a combination of the land and additions.
2023
$5,943
(+4.87%)
$476,321
Land 285,570 +
Additions 190,751
2022
$5,667
(+1.27%)
$457,827
Land 274,482 +
Additions 183,345
2021
$5,596
(+83%)
$457,827
Land 274,482 +
Additions 183,345
2019
$3,058
(+4.35%)
$453,134
Land 271,668 +
Additions 181,466
2017
$2,930
$237,552
Land 124,782 +
Additions 112,770
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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