ActiveCommercial · sale

14715 Burbank Boulevard

Van Nuys, CA 91411

$3,098,000

  • 0.4 acres
  • Built 2026

Listed by First Capital Investment Realty · MLS #26842919

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14715 Burbank Boulevard, Van Nuys, CA 91411 · MLS #26842919

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A FEW THINGS TO NOTICE

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Details worth a look

The approved project comprises 88 one-bedroom units, 2 two-bedroom units, and 1 studio across approximately 57,401 SF of residential building area, with a Type I-A concrete podium and Type III-A construction above, at-grade parking, an interior courtyard, and roof-level community amenities.

Year built

Built in 2026.

Property size

0.4 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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First Capital Investment Realty is pleased to exclusively present 14715 W. Burbank Boulevard, a fully entitled, ready-to-issue development site approved for a 91-unit, six-story senior affordable housing community (55+) in the heart of Van Nuys. The approved project comprises 88 one-bedroom units, 2 two-bedroom units, and 1 studio across approximately 57,401 SF of residential building area, with a Type I-A concrete podium and Type III-A construction above, at-grade parking, an interior courtyard, and roof-level community amenities. RTI plans, density-bonus concessions, and ED 1 streamlining are already in place, eliminating 24-36 months of typical predevelopment risk and roughly $400K to $700K of soft cost exposure for new ownership. The site sits mid-block on Burbank Boulevard with 0.7 miles to the I-405 / Sepulveda Pass and 1.2 miles to the Metro Orange (G) Line, positioned within the Sepulveda Transit Corridor catchment and within walking distance of Kaiser Permanente Panorama City, Valley Presbyterian Hospital, and the Sherman Oaks Galleria. At $3,098,000, the basis works out to $34,044 per door on a fully approved plan set.

THE NEIGHBORHOOD

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14715 Burbank Boulevard, Van Nuys, CA 91411

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THE DETAILS

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Property type
CommercialSale
Category
Commercial
Year built
2026
Utilities
ElectricityAvailable,NaturalGasAvailable,UndergroundUtilities
Zoning
LAR3
Parcel
2244019012
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #26842919 · California Regional MLS

Listing brokerage: First Capital Investment Realty
Listing agent: Farhad Navazi

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.