Entitled Senior Housing Development
14715 W Burbank Boulevard Van Nuys, CA 91411
For Sale
Contact for pricing
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 Market49
Property Features for 14715 W Burbank Boulevard
General Information
- Standard status
- Active
- Size
- 57,401 SF
- Property subtype
- Senior Living
Listing Agency:
First Capital Investment Realty
Listed By:
Farhad Navazi · License #CA 01954850
Source:
Crexi
Added: Jun 5
Changed: Jul 22
Last Checked: Jul 23 at 10:21AM
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
Location Intelligence
Current Use by Public Records
Senior Housing / Retirement ...
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
FAQs
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 W 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.
