7315 Woodley, Van Nuys, CA 91406
List Price: $795K
Listing Status: Pending
0Days on Market: 8
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 6,481 sq ft
MLS Number: SR26110389
About This Property
INVESTOR / DEVELOPER OPPORTUNITY! Rare R3-1 zoned property in a prime Van Nuys location featuring a charming Spanish-style 2 bedroom, 1 bathroom bungalow with detached garage and additional storage structure. Property offers excellent potential for redevelopment, expansion, or long-term investment. Existing home features an updated bathroom and newer electrical panel, making it ideal to hold as a rental while planning future development. Per seller’s understanding and preliminary information, property may allow for By-Right development of up to 8 units plus 2 detached ADUs and 1 attached ADU. Buyer to independently verify all development potential, zoning, density, ADU guidelines, permits, and usage with the City of Los Angeles Planning and Building Departments. Approximate lot dimensions are 54’ x 120’. Property is connected to water, gas, electricity, sewer, paved streets, curbs, and sidewalks. Conveniently located near the 405 Freeway, Van Nuys Airport, FlyAway Bus Terminal, USPS, shopping, dining, and major employment centers. Excellent opportunity for builders, investors, or buyers looking for future upside in a high-demand rental market.
Listing provided by: Jesse Perez DRE #01414689 818-993-7370 jesse@jesseperezgroup.com, Pinnacle Estate Properties
Source: CRMLS, MLS #: SR26110389
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