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Ann Marie Ahern & Angel Collins

team@sellinglaluxury.com +1(310) 409-7660

$ 3,098,000

Est. payment | -/mo

5 Beds

4 Baths

57,401 SqFt

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$ 3,098,000

Est. payment | -/mo

Save

5 Beds

4 Baths

57,401 SqFt

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 57,401 sqft

Price per Sqft $53

MLS Listing ID 26842919

Bedrooms 5

Year Built 2026

Lot Size 0.403 Acres

Acres 0.2015

Property Sub-Type Land

Property Description

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.

Location

State CA

County Los Angeles

Area Sherman Oaks

Zoning LAR3

Interior

Laundry Room

Building

Story 6

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by First Capital Investment Realty

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Ann Marie Ahern & Angel Collins

REALTOR® | Lic# 02005871 - 01711164

team@sellinglaluxury.com

+1(310) 409-7660

14140 Ventura Blvd. Suite 100, Sherman Oaks, CA, 91423

14715 Burbank Blvd Van Nuys, CA 91411

Ann Marie Ahern & Angel Collins

Key Details

Location

Interior

Building

Others

14715 Burbank Blvd