Prime development opportunity adjacent to Valley Village. Situated on a 7,015 SF [Q]RD1.5-1 zoned lot, this site offers a 53-foot frontage on a quiet cul-de-sac street, presenting an ideal footprint for residential infill development and rental demand. The property is SB8 exempt and approved by the Los… Read More Angeles Housing Department (LAHD), offering a smoother path to permiting/entitlement. A range of development options may be available through by-right projects or state and local density bonus programs, making it attractive to both market-rate and affordable housing developers. The existing 3-bedroom, 2-bathroom single-family home spans approximately 1,097 SF. Located just two blocks from the Van Nuys Transit Station and within close proximity to Valley College, this site sits in a high-demand rental corridor with strong rent performance, limited new supply, and long-term neighborhood growth potential. A rare opportunity in a well-established, supply-constrained pocket of the San Fernando Valley. Read Less
Property listed by Vinco Vinco Realty & Investments Inc, Christopher Martinez Diaz 323-481-8517
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Square Ft.
1,097
Lot Size
0.16 Acres
Year Built
1948
MLS Number
SR25217840
30 Days Snapshot Of 91401
$1.33M
-9%
(avg) sold price
16
+100%
homes sold
55
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1948, Levels: One, Living area: 1097, 1 story, Common walls: NoCommonWalls
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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