Entitled Senior Housing Development
For Sale
$3,098,000
14715 Burbank Boulevard, Van Nuys, CA 91411
Approved for a 91-unit, six-story senior affordable housing community with RTI plans ready to issue.
Property Size57,401 SF
Price / SF$53.97
Days on Market140
Property Features for 14715 Burbank Boulevard
General Information
Standard status
Active
Size
57,401 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
91
Amenities
interior courtyard
roof-level community amenities
Building Details
Year Built
2026
Stories
6
Listing Agency:
First Capital Investment Realty
(909) 380-4780
Listed By:
Farhad Navazi · License #01954850
(714) 497-3550
Source:
Sevengables
Added: Apr 7
Changed: Aug 23
Last Checked: Aug 22 at 3:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Capital Investment Realty
Investment Insights
Based on property information with market context.
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+). The plan includes 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. Project features include at-grade parking, an interior courtyard, and roof-level community amenities, with RTI plans, density-bonus concessions, and ED 1 streamlining already in place.
The site is mid-block on W. Burbank Boulevard, positioned within the Sepulveda Transit Corridor catchment. It is approximately 0.7 miles to the I-405 / Sepulveda Pass and about 1.2 miles to the Metro Orange (G) Line. Points of proximity listed include Kaiser Permanente Panorama City and Valley Presbyterian Hospital, as well as Sherman Oaks Galleria.
The offering is presented with an approved plan set and is described as eliminating 24–36 months of typical predevelopment risk, along with estimated soft cost exposure for new ownership.
The site is mid-block on W. Burbank Boulevard, positioned within the Sepulveda Transit Corridor catchment. It is approximately 0.7 miles to the I-405 / Sepulveda Pass and about 1.2 miles to the Metro Orange (G) Line. Points of proximity listed include Kaiser Permanente Panorama City and Valley Presbyterian Hospital, as well as Sherman Oaks Galleria.
The offering is presented with an approved plan set and is described as eliminating 24–36 months of typical predevelopment risk, along with estimated soft cost exposure for new ownership.
Key Highlights
- Fully entitled development site approved for a 91‑unit, six‑story senior affordable housing community (55+).
- Unit mix approved: 88 one‑bedroom units, 2 two‑bedroom units, and 1 studio.
- Approximately 57,401 SF residential building area with Type I‑A concrete podium and Type III‑A construction above.
Property Analytics
Property Profile
Current Use
Lease Details
91
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Similar Off Market Nearby
- David @ The Village — 5450 Vesper Ave, Sherman Oaks, CA 91411
- Home Instead — 5805 N Sepulveda Blvd #101, Van Nuys, CA 91411
Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Approved for a 91-unit, six-story senior affordable housing community with RTI plans ready to issue.
Where is this senior housing / retirement home located?
The property is located at 14715 Burbank Boulevard Van Nuys, CA.
What is the asking price?
The asking price for this property is $3,098,000.
What are key features of this property?
This property features: Fully entitled development site approved for a 91‑unit, six‑story senior affordable housing community (55+).; Unit mix approved: 88 one‑bedroom units, 2 two‑bedroom units, and 1 studio.; Approximately 57,401 SF residential building area with Type I‑A concrete podium and Type III‑A construction above.
