15471 Victory Boulevard, Van Nuys, CA 91406

$1,531,376 Asking Price

3 beds
2 baths
1,808  sqft
Built in 1949

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, 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!

Features & Amenities

Interior

Laundry:
Inside,See Remarks
Flooring:
Laminate
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Gas, Fireplace

Exterior

General:
None
Style:
See Remarks
Pool:
None
Parking:
Parking spaces: 15

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LARE11, 2234013002
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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