Millman Team Real Estate

$1,699,000
0.25 Acre Lot

6640 Kester Avenue, Van Nuys, California 91405

  • Land Property Type
Property 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 demanda 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.

Basic Details
Land
For Sale
26757205
$1,699,000
None
0.25 Acre
Active
Features
: Other
$0
Address Map
CA
Los Angeles
Van Nuys
91405
Kester
6640
Avenue
W119° 32' 34.2''
N34° 11' 30.6''
On the corner of Kester and Lemay
VN - Van Nuys
LARD1.5
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
62x90
2026-04-20
Broker/Agent Information
Serhant California, Inc
Brandon Guerrero
Listing Information
Koko Polosajian
F207052367
F8793001
Standard Home Realty
CLW-C143921
CLW-X81588
Active
2026-04-28T07:17:35Z
CRMLS
: Standard
2026-04-20T00:00:00Z
Agent info
Ray Millman
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