0 Baths

$1,595,000

6640 Kester Avenue, Van Nuys CA, 91405

Price per sqft$145.00

Lot size0.25 Acres

Property typeLand

Listed by Daniel Shamooelian CA DRE# 01984269 with Keller Williams Beverly Hills 310-651-1800

Overview

Active

Listed Oct 20, 2026

Updated 31h ago

JUST LISTED! Exceptional opportunity to acquire an approximately 11,095 SF flat corner development site in Van Nuys, offered at $1,595,000 (approximately $144/SF). Zoned RD1.5 and located within TOC Tier 3, the property offers excellent potential for multifamily development. Located within CHIP's Transit Oriented Incentive Area (TOIA) Tier 2, offering potential development incentives for qualifying mixed-income housing projects. The site should clear SB 8 and may also be a candidate for 100% affordable housing development under Executive Directive 1 (ED 1), subject to City review and buyer verification. Located within a Qualified Opportunity Zone, offering potential federal tax incentives for qualifying investments. The property consists of vacant, level land with no tenant relocation or demolition costs. Conveniently located near major freeways, employment centers, shopping, dining, and other amenities throughout the San Fernando Valley. Ideal opportunity for developers and investors seeking a well-positioned infill development site with multiple potential development strategies. Buyer to independently verify zoning, entitlements, development capacity, SB 8 status, CHIP/TOIA incentives, ED 1 eligibility, Opportunity Zone benefits, and all other property information with the appropriate agencies.

Additional information

MLS^® ID: 26103044

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

55+/Senior Community: No

Listed by Daniel Shamooelian CA DRE# 01984269 with Keller Williams Beverly Hills 310-651-1800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/21/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/21/2026 at 5:34 AM UTC Last Checked: 5:34 AM UTC