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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!
Last Updated | 3/29/2025 | Year Built | 1939 |
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Community | Van Nuys | Garage Spaces | 2.0 |
County | Los Angeles |
Additional Details
AIR | Central Air |
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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 |
Location
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