Property Detail

14717 Victory Boulevard

Van Nuys CA 91411

$1,250,000

Status: Active

Property Details

Description

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 unitseach with a private balcony and access to floor-level trash chutesthat 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.

Map Location

Listing provided courtesy of Shira Dunn of Keller Williams Luxury. Last updated . Listing information © 2025 SANDICOR.

john Doe

Angelica Wallace

Real Estate Professional
CA DRE# 01393526
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