6640 Kester Ave, Van Nuys, CA 91405
6640 Kester Ave, Van Nuys, CA 91405
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$1,699,000
Est. payment /mo
0.25 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26757205

Lot Size 0.255 Acres

Acres 0.255

Property Description

Welcome to this exceptional investment opportunity in the heart of Van Nuys. Situated on a prime corner lot in one of the area's most desirable neighborhoods, this shovel-ready RTI (Ready-To-Issue) development offers approved plans for a stunning 12-unit residential project. Designed with both comfort and profitability in mind, the project features a highly attractive unit mix: nine spacious 3-bedroom, 2-bath residences and three well-appointed 2-bedroom, 2-bath units, totaling over 21,000 square feet of living space. Each unit is generously sized to command strong rental income potential in today's competitive market. The four-story development also includes an expansive 4,312-square-foot garage, providing ample parking to meet tenant demanda key advantage for long-term value and appeal. With approvals in place and no existing structures on site, this is a rare, ready-to-build opportunity that allows investors and developers to move forward immediately. Don't miss your chance to capitalize on a high-yield project in a thriving rental market. This property is two lots that were combined. 6640 Kester and 6634 Kester.

Location

State CA

County Los Angeles

Area East Van Nuys

Zoning LARD1.5

Exterior

Waterfront Description None

View Y/N No

View None

Building

Lot Description 2-4 Lots

Sewer Public Hookup Available

Water Public

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Serhant California, Inc

NEARBY SCHOOL & BUSINESS

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Name

Name

Phone*

Phone

Message

Message
Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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