Description
Exceptional Development Opportunity in Van Nuys! Rare opportunity to acquire a 14,546 sq. ft. LARD1.5-zoned lot in a desirable Van Nuys location. The property currently features a vacant 1,113 sq. ft. single-family home, offering immediate access for inspection and planning. This large lot presents outstanding development potential. Based on preliminary analysis, the site may accommodate approximately nine residential units or more, subject to applicable zoning regulations and city approvals. Buyers are strongly encouraged to conduct their own due diligence and verify all development potential, density, unit count, and project feasibility with a licensed architect, land-use consultant, and the City Planning Department. Conveniently located with easy access to the 405 and 101 Freeways, this property is close to shopping, dining, schools, parks, and major employment centers, making it an attractive opportunity for developers, builders, investors, or those looking to capitalize on one of the San Fernando Valley's growing residential markets. Apartment building Picture in MLS is designed by AI. Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!
Details
| MLS # | SR26170523 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1937 |
| Days On Site | 37 |
| Listing Provided By | Equity Union | Gitta Van Bennekom |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,113 |
| Garage | 2 |
| Story(s) | 1 |
| Units | 1 |
| Acreage | 0.33 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $1,299,000 low | high Med: $750,000 sqft: 1,113 low | high Med: 1,062 $ / sqft: $1,167 low | high Med: $721 On site: 37 low | high Med: 22.5 | |
Market Activity 91406
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91406 |
| Area | VN Van Nuys |
| Listing VS Median (in 91406) | |
Price: $1,299,000 low | high Med: $750,000 sqft: 1,113 low | high Med: 1,062 $ / sqft: $1,167 low | high Med: $721 On site: 37 low | high Med: 22.5 | |
