Welcome to this exceptional investment opportunity in the heart of Van Nuys. Situated on a prime corner lot in one of the area’s most desirable neighborhoods, this shovel-ready RTI (Ready-To-Issue) development offers approved plans for a stunning 12-unit residential project. Designed with both comfort and profitability in mind, the project features a highly attractive unit mix: nine spacious 3-bedroom, 2-bath residences and three well-appointed 2-bedroom, 2-bath units, totaling over 21,000 square feet of living space. Each unit is generously sized to command strong rental income potential in today’s competitive market. The four-story development also includes an expansive 4,312-square-foot garage, providing ample parking to meet tenant demand—a key advantage for long-term value and appeal. With approvals in place and no existing structures on site, this is a rare, ready-to-build opportunity that allows investors and developers to move forward immediately. Don’t miss your chance to capitalize on a high-yield project in a thriving rental market. This property is two lots that were combined. 6640 Kester and 6634 Kester.
MLS #
CRSR26064486
MLS Source
California Regional MLS
Days on Site
5
HOA Fee
$0
Zoning
D0
6640 Kester Ave is in Van Nuys, CA 91405. This Land is currently priced at $1,699,000. This address can also be written as 6640 Kester Ave, Van Nuys, CA 91405.
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This listing information is up-to-date as of March 25, 2026. For the most current information, please contact Brandon Guerrero