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- 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!
Links
Listing ID: 17341026
Date on Market: 10/1/2019
Last Updated:
Address: 14243 Victory Blvd, Van Nuys, CA 91401
The Land Property at 14243 Victory Blvd, Van Nuys, CA 91401 is no longer being advertised on LoopNet.com. Contact Myunits.com Inc for information on availability.
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