This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
14243 Victory Blvd
Van Nuys, CA 91401
Land For Sale
·
0.15 AC
Property Facts
Description
Developers, here is your next opportunity to build a fourplex! 14243 Victory is a flat, already graded LARD1.5 lot in Van Nuys that is priced at an amazing $625,000! That’s a low $96.18 per square foot! We project that a future fourplex would sell for between $2,100,000 and $2,300,000 depending on the size and unit mix. The previous structure on this parcel was a single family residence, which means no rent control on the future project! The current ownership can deliver this deal with ALREADY PAID FOR PERMITS/PLANS (i.e. shovel ready) for a fourplex (5,144.94 of livable SF, 7,527 of total SF). Alternatively, if buyer would prefer to pursue their own fourplex plans/design, that is an excellent alternative that could very likely lead to a higher exit price on the future building. This project is a no brainer. We can’t wait to work with you! Act quickly, this will be gone FAST!
