6640 Kester Ave - Residential LAND FOR SALE


Van Nuys, CA 91405 483,298,200 SF
$1,950,000 USD
310-328-5208
6640 Kester Ave, Van Nuys, CA for Sale
$1,950,000 USD
Residential LAND - FOR SALE
1/5
483,298,200 SF

6640 Kester Ave
Van Nuys, CA 91405


HIGHLIGHTS

  • RTI SITE APPROVED FOR 12 UNITS | 11,095 Sq. Ft. Lot
  • SPACIOUS 2 AND 3 BEDROOM UNITS | Well-Designed Floorplans
  • ALL EXISTING STRUCTURES DEMOLISHED | Ready for Immediate Construction
  • 25,832 SQ. FT. GROSS BUILDING AREA | 21,512 Sq. Ft. Net Rentable Area
  • 19 ON-GRADE PARKING SPACES | No Subterranean Construction

OVERVIEW

IREA is thrilled to present a prime development opportunity at 6640 Kester Ave in Van Nuys, CA. This project is ready for immediate construction, with fully approved plans that are RTI (Ready to Issue). The previous structure on the lot has already been demolished, reducing costs and allowing for a prompt start to construction. The approved plans call for the development of 12 apartment units, totaling 25,832 square feet of gross building area. The proposed design includes three (3) two-bedroom, two-bath units and nine (9) three-bedroom, three-bath units, with one unit designated for extremely low-income (ELI) tenants and one for very low-income (VLI) tenants. 6640 Kester Ave is located in the Los Angeles neighborhood of Van Nuys, a well-established area in the San Fernando Valley that offers a central location with convenient access to freeways and public transportation. The neighborhood features a mix of residential streets, local shops, and restaurants. Nearby parks and schools enhance its appeal for families and professionals alike. It’s a practical choice for those looking to live in a connected and evolving part of Los Angeles.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/ACRE

$176/AC

PRICE/SF

$0.0040 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

12 Unit RTI Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

11095 AC

LAND SF

483,298,200 SF

OFFSITE IMPROVEMENTS

-

ZONING

[Q]RD1.5-1

APN/PARCEL ID

2236-005-010,2236-005-011

ASK ABOUT THIS PROPERTY

Jonathan KrikorianIREA, Inc.More Info
310-328-5208

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Jonathan KrikorianIREA, Inc.More Info
310-328-5208

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.