14715 Burbank Boulevard

Property Overview

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+) in the heart of Van Nuys. The offering is a double lot sale totaling approximately 17,500 SF, delivered vacant and shovel-ready. The approved project comprises 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, at-grade parking, an interior courtyard, and roof-level community amenities. RTI plans, density-bonus concessions, and ED 1 streamlining are already in place, eliminating 24-36 months of typical predevelopment risk and roughly $400K to $700K of soft cost exposure for new ownership. The site sits mid-block on Burbank Boulevard with 0.7 miles to the I-405 / Sepulveda Pass and 1.2 miles to the Metro Orange (G) Line, positioned within the Sepulveda Transit Corridor catchment and within walking distance of Kaiser Permanente Panorama City, Valley Presbyterian Hospital, and the Sherman Oaks Galleria. At $3,098,000, the basis works out to $34,044 per door on a fully approved plan set.

Home Details

Property type: Land
Lot size: 17,553 sq ft
Days on market: 80
MLS status: Active
Zoning: LAR3

Community, Schools & Utilities

Community

Senior community: Yes
View: Yes

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Location & Neighborhood

Los Angeles, CA 91411

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Frequently Asked Questions About 14715 Burbank Boulevard

Property type: Land

The current asking price is $2,888,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 14715 Burbank Boulevard. Our team will confirm availability and timing.

This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 80 days. Status can change, so verify availability before relying on it.

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