14717 Victory Boulevard, Van Nuys, CA 91411
14717 Victory Boulevard, Van Nuys, CA 91411
Property Description
This is a fantastic equity opportunity offering a fast track to development with plans for a 24-unit, 5-story apartment building (LAR3 zoning) anticipated to be Ready-to-Issue (RTI) very soon! The project is strategically designed for maximum profitability, featuring 1-bedroom, 1-bathroom units—each with a private balcony and access to floor-level trash chutes—that qualify under an affordable housing initiative. Crucially, the absence of parking requirements dramatically maximizes usable space and return on investment. For the savvy buyer looking to push boundaries, the city has already approved the feasibility to increase the unit count from 24 to 30 units. Seize this moment to acquire a high-yield asset in a prime development corridor. Contact us immediately for full plans and to secure your stake in this exceptional venture! Buyer to independently verify all information.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Van Nuys · Single Family Residence
Listed 47.1% above the median closed sale of $850,000. Price per sqft ($1,072) is a 55% premium to closed comps ($690). Closed comps sold at 100% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 7321 Leescott Avenue | Van Nuys | 1952 | 3 | 2 | 1,251 | 6,724 | $599 | $749,000 | 5 | 85 |
| 14138 Lemay Street | Van Nuys | 1928 | 3 | 3 | 1,376 | 9,087 | $741 | $1.02M | 9 | 84 |
| 15419 VOSE Street | Van Nuys | 1929 | 2 | 3 | 1,212 | 9,177 | $536 | $650,000 | 57 | 83 |
| 15354 Leadwell Street | Van Nuys | 1959 | 3 | 2 | 1,304 | 6,750 | $643 | $839,000 | 73 | 81 |
| 14646 Leadwell Street | Van Nuys | 1949 | 3 | 2 | 1,345 | 6,757 | $651 | $875,000 | 65 | 81 |
| Total: 5 · Average | 2.8 | 2.4 | 1,297.6 | 7,699 | $634 | $826,600 | 41.8 | |||
| Median | 1,304 | $839,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6723 Hazeltine | Van Nuys | 1939 | 07/28/2026 | 3 | 1 | 1,173 | 5,502 | $715,000 | $745,000 | $635 | 1.04 | 49 | 86 |
| 6440 Petit | Van Nuys | 1953 | 09/01/2026 | 3 | 2 | 1,216 | 6,167 | $899,999 | $895,000 | $736 | 0.99 | 61 | 83 |
| 15513 Cohasset Street | Van Nuys | 1948 | 06/29/2026 | 3 | 2 | 1,299 | 6,142 | $869,000 | $850,000 | $654 | 0.98 | 111 | 83 |
| 16637 Victory Boulevard | Van Nuys | 1953 | 07/10/2026 | 3 | 2 | 1,206 | 6,241 | $799,000 | $799,000 | $663 | 1.00 | 63 | 83 |
| 6865 Calhoun Avenue | Van Nuys | 1916 | 07/28/2026 | 2 | 2 | 1,370 | 7,013 | $1.05M | $1.04M | $761 | 0.99 | 51 | 83 |
| Total: 5 · Average | 2.8 | 1.8 | 1,252.8 | 6,213 | $866,200 | $866,200 | $689.8 | — | 67 | ||||
| Median | 1,216 | $850,000 | $850,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.