Property listed by Keller Williams Studio City, Gevorg Sahakyan 818-432-1500
$2,220,000
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,… Read More 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! Read Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
3
Square Ft.
2,624
Lot Size
0.34 Acres
Year Built
1948
MLS Number
24462037
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 1948, Building area total: 2,624, Levels: One, Living area: 2624, 1 story, Architectural style: SeeRemarks
Cooling
CentralAir
Fireplaces
None
Floors
Laminate
Heating
Central
Laundry
Inside
Lot
0.3426 acres, 14,923 square feet, Size: 14,923
Parking
6 open parking spaces, 10 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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