List Price: $1.1M

Listing Status: Active

Original List Price: $1.3M

Days on Market: 53

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1937

Lot Size: 14,551 sq ft

Garage Spaces: 2

MLS Number: SR26170514

About This Property

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. Picture in MLS- apartment building designed by AI- Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!

Listing provided by: Gitta Van Bennekom DRE #00960886 818-989-2000 gitta@gittarealestate.com, Equity Union

Source: CRMLS, MLS #: SR26170514

Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.