Description
This property in van nuys, california, presents a prime covered land opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. currently, there are four vacant units that will be generating a monthly income of $16,708, the property includes two single-family homes alongside the six-unit apartment complex. for developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. conveniently located adjacent to the 405 freeway, with easy access to highway 101 and lake balboa park, this location provides excellent connectivity and development potential.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
50097336
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
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Exterior Features
Fencing
- None
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4741
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 20650
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Listing Information
Listing Price Information
- Original List Price: 2,300,000
- Listing Contract Date: 2025-06-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 2234004026
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: VN - Van Nuys
- Postal Code Plus 4: 7215
- Directions: Located near 405 and Vanowen
- Zoning: LAR3
- Source Property Type: Land
- Area: VN - Van Nuys
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/09/2025 @ 03:06
- MLS: P1-22596
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 20,650 sized lot, and 0 parking. are nearby neighborhoods.