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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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14715 Burbank Boulevard Los Angeles, CA 91411
$3,098,000 0 beds, 0 baths
0 sqft
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
Santa Barbara 3868 State St
Santa Barbara, CA 93105
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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

Property type: (Lots/Land)
Status: Active
MLS# 26857301
List price is $3,098,000
Beds: 0
Baths: 0
0.40 acres
Lot size: 0.4030
County: Los Angeles
Zoning: LAR3
MLS area: SO - Sherman Oaks

Last Updated: 7/17/2026

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 Find more homes in 91411 zip code

This listing belongs to the SO - Sherman Oaks MLS area

Lat/Long: 34.172437, -118.453724.
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Listing Agent: Farhad Navazi
Lic#: 01978598
Office Name: Santa Barbara

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Total population of , which has changed by % since 1990.
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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTORĀ® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com

Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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