6640 Kester Avenue, Van Nuys, CA 91405
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
6640 Kester Avenue,Van Nuys (los Angeles), CA 91405
$1,595,000
- 0.25 Acres
- Lots / Land
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:CL26103044
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,595,000
About this home
JUST LISTED! Exceptional opportunity to acquire an approximately 11,095 SF flat corner development site in Van Nuys, offered at $1,595,000 (approximately $144/SF). Zoned RD1.5 and located within TOC Tier 3, the property offers excellent potential for multifamily development. Located within CHIP's Transit Oriented Incentive Area (TOIA) Tier 2, offering potential development incentives for qualifying mixed-income housing projects. The site should clear SB 8 and may also be a candidate for 100% affordable housing development under Executive Directive 1 (ED 1), subject to City review and buyer verification. Located within a Qualified Opportunity Zone, offering potential federal tax incentives for qualifying investments. The property consists of vacant, level land with no tenant relocation or demolition costs. Conveniently located near major freeways, employment centers, shopping, dining, and other amenities throughout the San Fernando Valley. Ideal opportunity for developers and investors seeking a well-positioned infill development site with multiple potential development strategies. Buyer to independently verify zoning, entitlements, development capacity, SB 8 status, CHIP/TOIA incentives, ED 1 eligibility, Opportunity Zone benefits, and all other property information with the appropriate agencies....
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Home facts
- Listing ID #:CL26103044
- Added:10 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Structure and exterior
- Lot area:0.25 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,595,000
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