Pending

7117 Kester Avenue

Van Nuys, CA 91405

$9,950,000 $41,949/Mo

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Overview

107,037

Sqft(Lot)

Description

Evanisko Realty & Investment, Inc., as exclusive advisor, is pleased to present the opportunity to acquire fee simple interest in 14920 Sherman Way (et. al. addressees) AKA the “Infill Canvas SFV” development site; a 2.44-acre transit-oriented development opportunity with frontage on two streets (Sherman and Kester) steps from the burgeoning transit intersection of Van Nuys Boulevard and Sherman Way. The planning department’s allotment of values appurtenant to the zoning (for example: CHIP ? MIIP ? TOIA ? T-2) will allow for more units and scope than one would likely execute – density will therefore be driven not by policy allowances but by desired construction typology and desired parking ratio. We look forward to proactive discourse with the market in our effort to select a buyer -partner who will envision a future painted with housing on this San Fernando Valley infill development canvas!

Property Details

Property Type : Land

Price : $9,950,000

AD Id : 64265564

MLS Id : SR25090427

Lot Size : 107,037 Sqft(Lot)

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 2.4572
Lot Size Source: Assessor Lot Size Square Feet: 107037

Listing Price Information

Original List Price: 9,950,000 Listing Contract Date: 2025-04-24
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2220005024

Other Property Info

Source Listing Status: Pending Source Neighborhood: VN - Van Nuys Postal Code Plus 4: 2941 Directions: Between Van Nuys Blvd. and the 405 on Sherman Way Zoning: P1-1VL Source Property Type: Land Area: VN - Van Nuys

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7222 Tyrone Avenue, Van Nuys, CA, 91405	$1,350,000	--	--	--	6,752 Sqft(Lot)
6640 Kester Avenue, Van Nuys, CA, 91405	$1,699,000	--	--	--	11,094 Sqft(Lot)

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ByOwner last updated this listing 06/12/2026 @ 02:30

MLS: SR25090427 LISTED BY: Francis Evanisko, Evanisko Realty & Investment 818-985-9700 SOURCE: CRMLS