14005 Victory Boulevard, Van Nuys, California 91401, Van Nuys, 91401 - 0 bed, 0 bath
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Van Nuys, California 91401
This High-Density Redevelopment Asset carries a List Price of $1,999,999, reflecting the premium land value of two contiguous lots in Valley Glen. While the AI-estimated Fair Market Value for the current dwellings is $1,126,223, the 11,913 Square Foot Lot and RD1.5 Zoning drive the asset's long-term valuation. With a Condition Rating of 6, the structures serve as tear-downs, providing a clean slate for a multi-unit project. Comparable sales for renovated homes in the area average $1,500,000, making this a strategic acquisition for Developers and Institutional Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14005 Victory Boulevard Subject | $1,999,999* List Price | 0 | 0 | 2,060 | $910 | - |
A 6044 Woodman Active | $1,450,000 List Price | 3 | 2 | 1,888 | $768 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The listing explicitly states that the property is being sold for 'land value,' which is a standard industry indicator for a tear-down. Built in 1942 and 1945, the structures have reached the end of their functional lifespan, and the marketing focus is entirely on the redevelopment potential of the large RD1.5 zoned lot rather than the condition of the existing dwellings.
We are proud to represent these two contiguous RD1.5 Lots in Valley Glen. They are being sold for land value. Both SFRs will be delivered vacant. The property was built in 1945 and consists of 3 bedrooms and 1 bathroom. With a lot size of 6,913 square feet, the property has a total of 1,132 rentable square feet. The other, built in 1942, consists of 2 bedrooms and 1 bathroom. Together, they sit on an 11,913 square foot lot and have a total of 2,060 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 3.0 | 2% |
| Square foot | 2,060 | 1,884 | 64% |
| Lot Size | 6,913 | 6,752 | 53% |
| Price | $2.00M | $1.33M | 86% |
| Price per sq ft | $971 | $728 | 93% |
| Built year | 1945 | 1951 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 175 | 76% |
Nov 6, 2025
$1,999,999
$2,100,000
-5% Price Drop
Initial Listing
Sep 19, 2025
$2,100,000
Initial Listing