15477 Victory Boulevard, Van Nuys, CA 91406

$2,220,000 Asking Price

3 beds
3 baths
2,624  sqft
Built in 1948

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!

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Laminate
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

General:
None
Style:
See Remarks
Pool:
None
Parking:
Parking spaces: 10

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARE11, 2234013001
View:
View

Financial

Source:
CRMLS

This listing courtesy of:
Keller Williams Studio City, Gevorg Sahakyan

About Van Nuys, CA

Housing

Number of Units
62,033
Median Home Value
$629,101
Median Rent
$1,371

67.32% of housing units are renter occupied.

3.95% are vacant.

Commute

Car
63.21%
Public Transportation
5.34%
Walk to Work
1.64%
Work from Home
28.33%
Other
0.75%

The median travel time to work is 27 minutes.

People

Population
171,714
Median Age
36.00
Median Household Size
2.88

Education

High School
21.14%
Associate’s Degree
7.27%
Bachelor’s Degree
22.22%
Graduate Degree
8.86%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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