Property Details
About this Property
Prime Development Opportunity – Plans for 24 Units Nearly RTI! Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability. As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.) Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay. Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour! Buyer to independently verify all information.
MLS Listing Information
MLS #
CRSR25146607
MLS Source
California Regional MLS
Days on Site
21
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 $1,495,000 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 July 01, 2025. For the most current information, please contact Shira Dunn
