14717 Victory Boulevard
Van Nuys, CA, 91411
$1,495,000
3 Beds
2 Baths
1,166 SqFt
0.15 Acres
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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.

Property Details

Price:
$1,495,000
MLS #:
SR25146607
Status:
Active
Beds:
3
Baths:
2
Address:
14717 Victory Boulevard
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Jun 30, 2025
State:
CA
Finished Sq Ft:
1,166
ZIP:
91411
Lot Size:
6,502 sqft / 0.15 acres (approx)
Year Built:
1925
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Schools

School District:
Los Angeles Unified

Interior

Cooling
Central Air
Fireplace Features
None

Exterior

Community Features
Storm Drains, Street Lights
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
View
None
Water Source
Public

Financial

Association Fee
0.00

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14717 Victory Boulevard
Van Nuys, CA