6948 N Woodman Avenue

Van Nuys, CA 91405

  • 100 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 19961
    Sqft(Lot)
$2,980,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47023772

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Property Details

  • Bedroom Information

    • Total Bedrooms : 100

    Bathroom Information

    • Total Baths: 100
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Sewer : Other

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

  • Building Information

    • Year Built: 2024

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4582
    • Lot Size Dimensions: 97x205
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 19961

  • Listing Price Information

    • Original List Price: 2,980,000
    • Listing Contract Date: 2024-09-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 2328010025

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: VG - Valley Glen
    • Postal Code Plus 4: 4214
    • Directions: East on Woodman, North of Vanowen, South of Sherman Way
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: VG - Valley Glen

    Building and Construction

    • Property Age: 0
    • Year Built Source: Estimated
    • Levels or Stories: Two,Three Or More
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 16:57

  • MLS: 24443865
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 100 bedrooms which is for sale, it has 0 sqft, 19,961 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Van Nuys , in zip code 91405, this Los Angeles County Home are nearby neighborhoods.