Description
Welcome to this exceptional investment opportunity in the heart of Van Nuys. Situated on a prime corner lot in one of the area’s most desirable neighborhoods, this shovel-ready RTI (Ready-To-Issue) development offers approved plans for a stunning 12-unit residential project. Designed with both comfort and profitability in mind, the project features a highly attractive unit mix: nine spacious 3-bedroom, 2-bath residences and three well-appointed 2-bedroom, 2-bath units, totaling over 21,000 square feet of living space. Each unit is generously sized to command strong rental income potential in today’s competitive market. The four-story development also includes an expansive 4,312-square-foot garage, providing ample parking to meet tenant demand—a key advantage for long-term value and appeal. With approvals in place and no existing structures on site, this is a rare, ready-to-build opportunity that allows investors and developers to move forward immediately. Don’t miss your chance to capitalize on a high-yield project in a thriving rental market. This property is two lots that were combined. 6640 Kester and 6634 Kester.
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0BEDS
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0.25ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Welcome to this exceptional investment opportunity in the heart of Van Nuys. Situated on a prime corner lot in one of the area’s most desirable neighborhoods, this shovel-ready RTI (Ready-To-Issue) development offers approved plans for a stunning 12-unit residential project. Designed with both comfort and profitability in mind, the project features a highly attractive unit mix: nine spacious 3-bedroom, 2-bath residences and three well-appointed 2-bedroom, 2-bath units, totaling over 21,000 square feet of living space. Each unit is generously sized to command strong rental income potential in today’s competitive market. The four-story development also includes an expansive 4,312-square-foot garage, providing ample parking to meet tenant demand—a key advantage for long-term value and appeal. With approvals in place and no existing structures on site, this is a rare, ready-to-build opportunity that allows investors and developers to move forward immediately. Don’t miss your chance to capitalize on a high-yield project in a thriving rental market. This property is two lots that were combined. 6640 Kester and 6634 Kester.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-13T19:33:11.667. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pometto Team Realty | Compass. Licensed in the State of California, USA.