Listed by Keller Williams Realty
$1,175,000
14717 Victory Blvd
Details
APN 2236021017
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,166
Units 24
Price per SqFt $1,021
Year Built 1925
Stories 5
Acreage 0.149
Zoning LAR3
Parking Spaces 1 spaces
Parking Per SqFt 0.86
Multifamily | 24 Units
Marketing description
Prime Development Opportunity with Approved Plans in Progress to build 24-unit, 5-story apartment building under Type V5 construction! With LAR3 zoning. Plans
are expected to be RTI (Ready to Issue) in just 2 months! A fantastic equity opportunity. Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with
private balcony and trash shut on each floor qualifying as part of an affordable housing initiative. With no parking requirements, this project maximizes the use of
space and profitability. Don’t miss out on this rare chance to develop in a prime location. Contact us today for more details and to schedule a property tour! If
Buyer wishes to increase the number of units from 24 to 30, it is feasible. The units will be slightly smaller, and the city has already granted approval for this
adjustment. Buyer to independently verify all information.
Listing Contacts
Listed by Keller Williams Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
