Shovel-Ready Corner Development
For Sale
$1,699,000
6640 Kester Avenue, Van Nuys, CA 91405
Shovel-ready RTI corner lot with approved plans for a 12-unit residential project and no existing structures on site.
Property SizeContact for details
Days on Market140
Property Features for 6640 Kester Avenue
General Information
Standard status
Active
Property subtype
Land Lot
Zoning
LARD1.5
Additional Details
Multifamily Units
12
Building Details
Stories
4
Listing Agency:
Standard Home Realty
(818) 379-9585
Listed By:
Brandon Guerrero · License #02046667
(818) 379-9585
Source:
Compass
Added: Mar 23
Changed: Aug 8
Last Checked: Aug 8 at 10:17AM
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 Standard Home Realty
Investment Insights
Based on property information with market context.
This offering is for development land consisting of two combined lots. The property is shovel-ready RTI (ready-to-issue) with approved plans for a 12-unit residential project, and there are no existing structures on the site.
The proposed unit mix includes nine three-bedroom, two-bath units and three two-bedroom, two-bath units. The development plan also includes a four-story structure and an expansive 4,312-square-foot garage intended to provide parking for future tenants.
Because approvals are in place, the site is positioned for immediate advancement through the development process based on the submitted plan set.
The proposed unit mix includes nine three-bedroom, two-bath units and three two-bedroom, two-bath units. The development plan also includes a four-story structure and an expansive 4,312-square-foot garage intended to provide parking for future tenants.
Because approvals are in place, the site is positioned for immediate advancement through the development process based on the submitted plan set.
Key Highlights
- Approved RTI (Ready‑To‑Issue) plans for a 12‑unit residential project on a corner lot in Van Nuys
- Unit mix: nine 3‑bed/2‑bath units and three 2‑bed/2‑bath units, totaling over 21,000 SF
- Four‑story development includes a 4,312‑SF garage for on‑site parking
Property Analytics
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
2,181
Businesses Nearby
Explore this area
Business Placement
Demographics for 91405, CA
55,319
Population
19,822
Households
2.8
Avg Household Size
36
Median Age
26%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
16,270
Density / Sq Mi
$61,207
Median Household Income
$34,833
Median Earnings
$1,736
Median Rent
$698,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready RTI corner lot with approved plans for a 12-unit residential project and no existing structures on site.
Where is this residential land & home lot located?
The property is located at 6640 Kester Avenue Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Approved RTI (Ready‑To‑Issue) plans for a 12‑unit residential project on a corner lot in Van Nuys; Unit mix: nine 3‑bed/2‑bath units and three 2‑bed/2‑bath units, totaling over 21,000 SF; Four‑story development includes a 4,312‑SF garage for on‑site parking
