Description
We are pleased to present an 11,314 square foot rti development site located at 7005 n woodley avenue in van nuys, california. the subject property is situated in a solid van nuys location, south of sherman way and east of hayvenhurst avenue. this offering is positioned a one (1) large corner lot totaling 11,314 square feet of land with a zoning ordinance of lar3-1. this allows for fourteen (14) units by-right, a maximum height of 45 feet by-right, and a far of 3:1 by-right. additionally, this offering is fully entitled utilizing the city density bonus incentive program, allowing for a 35% bonus to unit count and far, twenty-one (21) rti units and 4.05:1 respectively, and a height increase to 56 feet. there are thirty-five (35) total parking spots in the plans, with ten (10) on-grade and twenty-five (25) on one level subterranean. the plans also include a rooftop deck common area, and four (4) recreation rooms with layouts that are nearly identical to their adjacent one-bedroom unit counterparts, making these recreation rooms a breeze to convert into adu units. totaling twenty-five (25) units after adu conversion, the unit mix is great and consists of thirteen (13) one-bedroom / one-bathroom units, four (4) one-bedroom / one-bathroom adu units, and eight (8) two-bedroom / two-bathroom units. in accordance with the density bonus program, one (1) one-bedroom and one (1) two-bedroom unit are set aside for very low income. situated in a solid van nuys location, this offering presents an excellent opportunity for any developer to capitalize on a fully rti development site in one of the most populous municipalities in los angeles.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
47043508
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2597
- Lot Size Dimensions: 100x114
- Lot Size Source: Assessor
- Lot Size Square Feet: 11314
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Listing Information
Listing Price Information
- Original List Price: 1,600,000
- Listing Contract Date: 2024-09-27
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 2224010009
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: LKBL - Lake Balboa
- Postal Code Plus 4: 3924
- Directions: The subject property is situated in a solid Van Nuys location, south of Sherman Way and east of Hayvenhurst Avenue.
- Zoning: LAR3
- Source Property Type: Land
- Area: LKBL - Lake Balboa
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/21/2024 @ 17:13
- MLS: 24445861
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 11,314 sized lot, and 0 parking. A comparable Land, 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 91406, this Los Angeles County Land are nearby neighborhoods.