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14717 Victory Boulevard

Van Nuys, CA 91411
Beds3
Baths2
Square Ft.1,166
$1,250,000
Listing provided by Shira Dunn, Keller Williams Luxury

Exceptional Development Opportunity – 24 Units with Potential for 30! An exciting opportunity for developers and investors to capitalize on a multifamily project with significant upside potential! Zoned LAR3, this property offers plans for a five-story, 24-unit apartment building, with Ready-to-Issue (RTI) status… anticipated soon, providing a valuable head start on development. Thoughtfully designed to maximize efficiency and investment potential, the proposed building features 24 one-bedroom, one-bathroom residences, each with a private balcony, along with convenient floor-level trash chutes. The project is designed to qualify under an affordable housing initiative, with no parking requirements, allowing for greater use of the available space. Even more exciting is the potential to expand from 24 to 30 units, with the City having already approved the feasibility of the increased unit count, offering additional development flexibility and potential value. With plans nearing RTI, favorable zoning, and the opportunity to create a substantial multifamily asset, this is a compelling investment for developers looking to bring their next project to life. Contact us for additional details and development plans. Buyer to independently verify all information, including zoning, approvals, unit count, RTI status, parking requirements, and development feasibility.

Listing Snapshot
Days online0
Last updatedNov 3, 2026
Property typeSingle Family Residence
Beds3
Full baths2
Square ft.1,166
Lot size0.15 Acres
Year built1925
MLS numberSR-26235286
Additional Details
Bedrooms
Beds Total: 3,Main Level Bedrooms: 3
Bathrooms
Baths Total: 2,Baths Full: 2
Building
Year Built: 1925,Building Area Total: 1166,Living Area: 1166,Stories Total: 1,Levels: One,Entry Level: 1,Common Walls: No Common Walls,Property Condition: Fixer
Lot
Lot Size Acres: 0.15,Lot Size Square Feet: 6502,Lot Features: 0-1 Unit/Acre,Back Yard,View: See Remarks
Interior
Interior Features: High Ceilings,Laundry Features: None,Individual Room,Inside
Exterior
Patio And Porch Features: Patio Open
Cooling
Cooling: Central Air
Community
Community Features: Sidewalks,Storm Drains,Street Lights,Association Fee: 0
Utilities
Sewer: Public Sewer,Unknown,Water Source: Public,None

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