Opening page…
Closed
- Listed price
- $1,685,000
- Listed May 27, 2020
- Sold price
- $1,475,000
- Sold Sep 29, 2020
13,774 sqft lot00|85 days listed
7516 SEPULVEDA, Van Nuys, CA 91405
Property Description
We are pleased to offer for sale this development opportunity located at 7510-7516 Sepulveda Boulevard consisting of two parcels totaling 13,774 square feet. The property is located within an Opportunity Zone, which could allow for tax incentives for a redevelopment project on the site. Zoned LAR3, the lots could potentially be developed into 18 units with an estimated 13,000 total rentable square feet (buyer to verify)*. The property is located near the intersections of Sepulveda Boulevard and Saticoy Street, providing convenient access to the 405 Freeway, as well as nearby grocery, retail and dining options that include Target, Starbucks, CVS, WaBa Grill, and many more. 7516 Sepulveda Boulevard currently features a three-bed/two-bath house that is generating $2,061 per month in rental income. *This analysis assumes buyer is able to adjust existing zoning to remove in-place q-condition and build 18 units. As-is, there is potential to build 11 units. Buyer to verify.
Listing agent: Davis SaadianDRE #01921748davis@saadiangroup.com, Listing office: BRC Advisors- BH
MLS data updated 10/19/2026, 5:21:55 PM PT
Source: CRMLSMLS #: 20583184
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,475,000
Sep 29, 2020
Available records22020
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 91405 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 91405 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.