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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!
