14717 Victory BLD, Van Nuys, CA 91411
14717 Victory BLD, Van Nuys, CA 91411
14717 Victory BLD, Van Nuys, CA 91411
14717 Victory BLD, Van Nuys, CA 91411
14717 Victory BLD, Van Nuys, CA 91411
14717 Victory BLD, Van Nuys, CA 91411
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Listed by Shira Dunn, DRE #02100807 • Keller Williams Luxury
$ 1,250,000
Est. payment | /mo

3 Beds

2 Baths

1,166 SqFt


Save
$ 1,250,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,166 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,166 sqft

Price per Sqft $1,072

MLS Listing ID CRSR26235286

Bedrooms 3

Full Baths 2

Year Built 1925

Lot Size 6,502 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Exceptional Development Opportunity - 24 Units with Potential for 30! An exciting opportunity for developers and investors to capitalize on a multifamily project with significant upside potential! Zoned LAR3, this property offers plans for a five-story, 24-unit apartment building, with Ready-to-Issue (RTI) status anticipated soon, providing a valuable head start on development. Thoughtfully designed to maximize efficiency and investment potential, the proposed building features 24 one-bedroom, one-bathroom residences, each with a private balcony, along with convenient floor-level trash chutes. The project is designed to qualify under an affordable housing initiative, with no parking requirements, allowing for greater use of the available space. Even more exciting is the potential to expand from 24 to 30 units, with the City having already approved the feasibility of the increased unit count, offering additional development flexibility and potential value. With plans nearing RTI, favorable zoning, and the opportunity to create a substantial multifamily asset, this is a compelling investment for developers looking to bring their next project to life. Contact us for additional details and development plans. Buyer to independently verify all information, including zoning, appro

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Rooms

Dining Room In Kitchen

Interior

Cooling Central AC

Fireplaces Type None

Laundry In Laundry Room, Other

Exterior

Garage Spaces 1.0

Pool 31, None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 2236021017

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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14717 Victory BLD