Property listed by Keller Williams Studio City, Gevorg Sahakyan 818-432-1500
$1,531,376
Exceptional Investment Opportunity: Two Adjacent Properties in Prime Van Nuys LocationWe are pleased to present 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 15471 Victory Blvd,… Read More Van Nuys, CA 91406, these properties are ideally situated for developers, builders, and investors looking to capitalize on a high-demand, rapidly growing area.The larger parcel is already approved for a state-licensed 99-child school, providing immediate development potential for educational facilities. Alternatively, these properties are perfectly suited for multi-family residential development, such as apartment complexes, townhomes, or other commercial ventures. With existing structures totaling 1,808 square feet, there is ample space for creative development and expansion.The location offers unparalleled convenience, with easy access to major highways, public transit, and a variety of shopping centers and dining options. Its central position within a high-demand area ensures that this property is an attractive spot for future residents or businesses, offering strong potential for long-term growth and profitability.Opportunities like this are rare in Van Nuys, a community that continues to see strong appreciation in property values. Whether you are looking to build an educational facility, develop residential units, or explore other commercial possibilities, this is a prime investment in one of Los Angeles' most sought-after locations.Contact us today to learn more about this exceptional opportunitythis unique investment won't last long! Read Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,808
Lot Size
0.34 Acres
Year Built
1949
MLS Number
24462027
30 Days Snapshot Of 91406
$755k
-12%
(avg) sold price
6
-70%
homes sold
50
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1949, Building area total: 1,808, Levels: One, Living area: 1808, 1 story, Architectural style: SeeRemarks
Cooling
CentralAir
Fireplaces
Gas
Floors
Laminate
Heating
Central
Laundry
Inside, SeeRemarks
Lot
0.3448 acres, 15,020 square feet, Size: 15,020
Parking
13 open parking spaces, 15 totals parking
Pool
None
Property
Zoning: LARE11
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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