Property Details
About this Property
RARE, SHOVEL-READY DEVELOPMENT OPPORTUNITY in a highly sought-after location! 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.
MLS Listing Information
MLS #
CRSR25248003
MLS Source
California Regional MLS
Days on Site
7
Interior Features
Appliances
Other
Fireplace
None
Laundry
In Laundry Room, Other
Cooling
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Zoning
LAR3
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
14717 Victory Bld is a Single Family Residence in Van Nuys, CA 91411. This 1,166 square foot property sits on a 6,502 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $1,175,000 and was built in 1925. This address can also be written as 14717 Victory Bld, Van Nuys, CA 91411.
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This listing information is up-to-date as of October 28, 2025. For the most current information, please contact Shira Dunn
