Unlock the massive amount of potential of this spacious 10,604 sq ft corner lot located in the heart of Van Nuys. Zoned LARD1.5 with a large portion of the lot empty, there are a multitude of potential strategies for developers and investors. Build 3 duplexes, demolish one existing bungalow and… Read More convert the north most bungalow into an ADU. Demolish both existing structures and build 3 duplexes plus an attached ADU (7 units total). Leave both existing structures and build a duplex on the front of the lot with an attached ADU. Do an ED-1 project and build 30-45 units, depending on unit size. The 2 2-bedroom 1-bath bungalows that sit on the northern end are currently bringing in $3,450 a month. The possibilities are truly endless. Don't miss out on this incredible opportunity. Read Less
Property listed by Compass, Kaela Whelan 310-437-7500
Listing Snapshot
Days Online
5
Last Updated
Property Type
Other
Lot Size
0.24 Acres
MLS Number
24461415
30 Days Snapshot Of 91401
$1,049k
-18%
(avg) sold price
15
+7%
homes sold
80
+21%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.2434 acres, 10,604 square feet, Size: 10,604
Property
Zoning: LARD1.5, CityLights
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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