Van Nuys CA Land for Sale
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.46 Acres
- Baths:
- MLS#:
- CL24443867
View additional info
Courtesy: Coldwell Banker Realty
ADDITIONAL INFORMATION
Consider the opportunity to develop a new nursery or residential project in Valley Glen, a prime area within Van Nuys, popular for both multifamily and office developments. This presents an outstanding investment opportunity for seasoned investors and developers. The lot, spanning 19,961 square feet, is zoned R3 (16,817.33 sq. ft.) and R1 (3,151.3 sq. ft.). There are three development options to explore:1. **Unlimited Density**: A request can be made for unlimited density if the project is 100% affordable housing for senior citizens (55+), potentially allowing for 100+ units with no parking requirements. 2. **49 Units**: A plan that includes 49 units, with 7 units designated for low- and moderate-income tenants. 3. **RTI Ready**: The property is already entitled and RTI ready, with plans for a luxury apartment complex featuring 23 units over 31,150 square feet, along with a 1,200-square-foot ADU. Each option provides a unique opportunity for significant returns in this sought-after location.
$4,250,000
6803 Matilija Avenue Van Nuys, CA 91405
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.45 Acres
- Baths:
- MLS#:
- SR24188069
ADDITIONAL INFORMATION
Rare find! Two properties being sold together. 6803 Matilija Ave. and 13815 Vanowen St. a corner lot. Currently stands a Single Family Residential and Multi Residential of 8 units, living area of 4524 SF. all units are occupied bringing income while working on RTI . Desirable ares of Van Nuys, close to all. Investors and Developers dream property, Total lot size 19750 SqFt. Zoning RD1.5 . Single family residence is 3bd, 3bth, living are 1,636 SF. Call for more details. Don't miss this gem. Priced for value of land and potential. Check Supplement. RTI Plan of 87 units , 5 story, low income buyer to continue plans and permit. Seller to do 1031 exchange.
Van Nuys Real Estate
The median home value in Van Nuys, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Van Nuys, CA is $912,500. Approximately 33.96% of Van Nuys homes are owned, compared to 58.13% rented, while 7.92% are vacant. Van Nuys real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Van Nuys real estate agent to arrange a tour today!
Van Nuys 91405 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
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