$1,100,000
$950,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 05/03/2024
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24028698
Sold Date 05/03/24
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
Extremely rare and excellent opportunity! Vacant, flat lot in the heart of Van Nuys located on a street surrounded by multi-unit buildings. With 7,500 sq ft, zoned R3 and Tier 3 TOC, you have the opportunity to build 9+/- Units by Right, or 15+/- Units by Transit Oriented Communities (TOC) Incentive Program, or go 100% Affordable Housing and build even more! Buyer to verify with city. Excellent location near shopping, dining, trendy Van Nuys Blvd, and just minutes to LA Valley College and the NOHO West development.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Curbs, Sidewalks
View Y/N No
View None
Building
Lot Description Lawn, No Landscaping, Near Public Transit, Rectangular Lot, Street Level, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2237019009
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Stephanie Vitacco • Equity Union
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "