$1,699,000
About this home
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.
Facts & features
- Bathrooms
- 0 full, 0 half
- Lot size
- 0.255 acres (11,094 sq ft)
- Area
- VN - Van Nuys
- County
- Los Angeles
- Status
- Active
- Property type
- Land
- Days on market
- 8
- Listed
- 2026-04-20
- Parcel #
- 2236005010
- MLS #
- 26757205
