




This is a fantastic equity opportunity offering a fast track to development with plans for a 24-unit, 5-story apartment building (LAR3 zoning) anticipated to be Ready-to-Issue (RTI) very soon! The project is strategically designed for maximum profitability, featuring 1-bedroom, 1-bathroom units—each with a private balcony and access to floor-level trash chutes—that qualify under an affordable housing initiative. Crucially, the absence of parking requirements dramatically maximizes usable space and return on investment. For the savvy buyer looking to push boundaries, the city has already approved the feasibility to increase the unit count from 24 to 30 units. Seize this moment to acquire a high-yield asset in a prime development corridor. Contact us immediately for full plans and to secure your stake in this exceptional venture! Buyer to independently verify all information.
Bedrooms
3
Bathrooms
2
Square Feet
1,166
Lot Size
6,502 sqft
Year Built
1925
Property Type
Single Family Residence
Days on Market
25
HOA Fee
N/A
Garage Total
1
MLS #
SR26107752
Interior Features
Eat In Kitchen, High Ceilings
Laundry
Inside, Laundry Room
Main Level Bedrooms
3
Main Level Bathrooms
2
Cooling
Central Air
Total Parking Spaces
1
Garage Spaces
1
Patio & Porch
Open, Patio
Lot Features
Zero To One Unit Acre, Back Yard
Sewer
Public Sewer
Water Source
Public
Storm Drains, Street Lights, Sidewalks
$0
| Rating | School Name |
|---|---|
1 | Will Rogers Continuation High School |
7 | Van Nuys Senior High High School |
N/A | Childrens Community School Private School |
N/A | St Elisabeth School Private School |
4 | Van Nuys Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features