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Listed by Casey Picard • Keller Williams Realty
$ 2,300,000
Est. payment /mo
Active
15624 Vanowen ST Van Nuys, CA 91406
0.47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-22596
Lot Size 0.474 Acres
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
This property in Van Nuys, California, presents a prime covered land opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that will be generating a monthly income of $16,708, the property includes two single-family homes alongside the six-unit apartment complex. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning SPKN
Exterior
Fence None
View None
Building
Water District - Public
Others
Tax ID 2234004026
Special Listing Condition Not Applicable
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