Shovel-Ready Residential Development
For Sale
$1,699,000
6640 Kester Avenue, Van Nuys, CA 91405
Shovel-ready corner lot with approved plans for a 12-unit, four-story residential project and an expansive garage.
Property Size21,000 SF
Price / SF$80.90
Days on Market104
Property Features for 6640 Kester Avenue
General Information
Standard status
Active
Size
21,000 SF
Property subtype
Lots/Land
Additional Details
Multifamily Units
12
Building Details
Stories
4
Listing Agency:
Serhant California, Inc
(786) 451-0713
Listed By:
Brandon Guerrero · License #02046667
(786) 451-0713
Source:
Exitrealty
Added: Apr 28
Changed: Aug 8
Last Checked: Jul 9 at 1:28AM
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 Serhant California, Inc
Investment Insights
Based on property information with market context.
This shovel-ready development site is positioned on a prime corner lot and combines two parcels: 6640 Kester and 6634 Kester. The property is listed as RTI (Ready-To-Issue) and includes approved plans for a 12-unit residential project with no existing structures on site.
The proposed plan is a four-story building featuring a unit mix of nine 3-bedroom, 2-bath residences and three 2-bedroom, 2-bath units, for a total over 21,000 square feet of living space. An expansive 4,312-square-foot garage is also included in the approved design to support on-site parking needs.
For developers and investors seeking a ready-to-build residential entitlement package, this property provides the approved framework to move forward immediately following issuance.
The proposed plan is a four-story building featuring a unit mix of nine 3-bedroom, 2-bath residences and three 2-bedroom, 2-bath units, for a total over 21,000 square feet of living space. An expansive 4,312-square-foot garage is also included in the approved design to support on-site parking needs.
For developers and investors seeking a ready-to-build residential entitlement package, this property provides the approved framework to move forward immediately following issuance.
Key Highlights
- Corner lot in Van Nuys; shovel‑ready RTI development with approved plans for a 12‑unit residential project
- Unit mix approved: nine 3‑bedroom, 2‑bath units and three 2‑bedroom, 2‑bath units
- Total planned living space: over 21,000 SF across the 12 units
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 corner lot with approved plans for a 12-unit, four-story residential project and an expansive garage.
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: Corner lot in Van Nuys; shovel‑ready RTI development with approved plans for a 12‑unit residential project; Unit mix approved: nine 3‑bedroom, 2‑bath units and three 2‑bedroom, 2‑bath units; Total planned living space: over 21,000 SF across the 12 units
