The Developer's Dream project is here!! Located in a highly desirable, rapidly revitalizing area, this offering features three (3) undeveloped lots in an R1, an exceptional development opportunity. The lots measure 7,525 sq. ft, 5,612 sq. ft, and 5,612 sq. ft respectively. Currently, Lot 1 includes a remodeled 1,572 sq. ft, 3 Bed / 2 Bath single-family home which is vacant. Lot 2 -Vacant, and Lot 3 -Vacant. Subdivision plans and maps are finalized, with legal/APN numbers expected within the next several months. With SB9 regulations, these 3 parcels can create up to 12 homes. Whether you opt to rent or sell, the flexible use and strong market fundamentals promise solid inflation recovery for single-family homes. Just steps from major freeways, public transportation, grocery stores, and restaurants, this property is perfectly positioned for successful development. Bring your contractor and architect, this is your chance to build in a thriving market!
|
DAYS ON MARKET
|
40
|
LAST UPDATED
|
3/29/2025
|
|
YEAR BUILT
|
1939
|
COMMUNITY
|
Van Nuys
|
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Refrigerator |
| AREA |
Van Nuys |
| GARAGE |
Door-Multi, Driveway, Garage, Paved, Yes |
| HEAT |
Central |
| LOT |
0.45 acre(s) |
| LOT DIMENSIONS |
75x262 |
| PARKING |
Door-Multi,Driveway,Garage,Paved |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| VIEW |
Yes |
| ZONING |
LAR1 |
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Listed with Redpoint Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/20/25 8:29 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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