Exceptional Investment Opportunity: Two Adjacent Properties in Prime Van Nuys Location.Presenting a rare opportunity to acquire two adjacent properties in the heart of Van Nuys, offering approximately 15,000 square feet of land each, for a combined total of 30,000 square feet. Located at 15477 Victory Blvd, Van Nuys, CA 91406, these properties are perfectly positioned for developers, builders, and investors looking to capitalize on a rapidly growing area.The larger of the two parcels is already approved for a state-licensed 99-child school, providing immediate development potential for educational facilities. Alternatively, these properties are ideally suited for multi-family residential developmentperfect for apartment complexes, townhomes, or other commercial ventures. With existing structures totaling 2,624 square feet, there is plenty of room for creative development.This prime location offers unparalleled convenience, with easy access to major highways, public transit, and a wealth of nearby shopping centers and dining options. Its high-demand position makes it an ideal spot for future residents or businesses, ensuring strong potential for long-term growth and profitability.Opportunities like this don’t come around often in Van Nuys, a community that continues to appreciate in value. Whether you’re interested in building a school, developing residential units, or pursuing other commercial projects, this is a prime investment in one of Los Angeles’ most sought-after areas.Contact us today to learn more about this exceptional opportunitythis rare investment won’t last long!
Property Details
Price:
$2,220,000
MLS #:
24462037
Status:
Active
Beds:
3
Baths:
3
Address:
15477 Victory Boulevard
Type:
Single Family
Subtype:
Single Family Residence
City:
Van Nuys
Listed Date:
Nov 8, 2024
State:
CA
Finished Sq Ft:
2,624
ZIP:
91406
Lot Size:
14,923 sqft / 0.34 acres (approx)
Year Built:
1948
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Exterior
Parking Spots
10.00
Pool Features
None
Spa Features
None
Stories Total
1
Financial
Map
Community
- Address15477 Victory Boulevard Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91406
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Courtesy of Keller Williams Studio City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
15477 Victory Boulevard
Van Nuys, CA
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