714-745-2708

14715 Burbank Boulevard, Los Angeles, CA 91411

$2,888,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Farhad Navazi | farhadnavazi@gmail.com
Lic#: 01954850
Broker: Courtesy of First Capital Investment Realty
Phone: 310-273-5393

Agent Remarks

14715 W. Burbank Boulevard is 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 offering is a double lot sale totaling approximately 17,500 SF, delivered vacant and shovel-ready. 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.

Listing Details

55+ Community

Property type: (Lots/Land)

Status: Active

MLS# 26857301

List price is $2,888,000 Reduced by $210,000 on 8/20/2026

Price: $2,888,000

Beds: 0

Baths: 0

0.40 acres

Lot size: 0.4030

County: Los Angeles

Zoning: LAR3

MLS area: SO - Sherman Oaks

Last Updated: 8/20/2026

Days On Market (DOM): 118

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This listing belongs to the SO - Sherman Oaks MLS area

Lat/Long: 34.172437, -118.453724.
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Source: CRM. Also Available in 26842919,

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