0 Baths

$2,888,000

14715 Burbank Boulevard, Los Angeles CA, 91411

Price per sqft$164.53

Lot size0.4 Acres

Property typeLand

Listed by Farhad Navazi CA DRE# 01954850 with First Capital Investment Realty 310-273-5393

Overview

Active

Listed Jun 1, 2026

Updated Aug 21

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.

Additional information

MLS^® ID: 26857301

Exterior Features

Lot Size: 0.4 Acres

Other Property Details

View: Yes
55+/Senior Community: Yes

Listed by Farhad Navazi CA DRE# 01954850 with First Capital Investment Realty 310-273-5393

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/21/2026 at 3:02 AM UTC Last Checked: 3:02 AM UTC