Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

1

Building size

1,113 sqft

Lot size

14,551 sqft

Year built

1937

Stories

1

Garage spaces

2

Pool

None

Status

Active

Days on market

78

MLS #

245544773

About this property

Exceptional Development Opportunity in Van Nuys! Rare opportunity to acquire a 14,546 sq. ft. LARD1.5-zoned lot in a desirable Van Nuys location. The property currently features a vacant 1,113 sq. ft. single-family home, offering immediate access for inspection and planning. This large lot presents outstanding development potential. Based on preliminary analysis, the site may accommodate approximately nine residential units or more, subject to applicable zoning regulations and city approvals. Buyers are strongly encouraged to conduct their own due diligence and verify all development potential, density, unit count, and project feasibility with a licensed architect, land-use consultant, and the City Planning Department. Conveniently located with easy access to the 405 and 101 Freeways, this property is close to shopping, dining, schools, parks, and major employment centers, making it an attractive opportunity for developers, builders, investors, or those looking to capitalize on one of the San Fernando Valley's growing residential markets. Picture in MLS- apartment building designed by AI- Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!

Location

6509 Haskell

Van Nuys, Los Angeles, CA, 91406