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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jesse Perez, DRE #01414689 • Pinnacle Estate Properties

$795,000

Est. payment - /mo

2 Beds

1 Bath

844 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 844 sqft

Price per Sqft $941

MLS Listing ID CRSR26110378

Bedrooms 2

Full Baths 1

Year Built 1929

Lot Size 6,481 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

INVESTOR / DEVELOPER OPPORTUNITY! Rare R3-1 zoned property in a prime Van Nuys location featuring a charming Spanish-style 2 bedroom, 1 bathroom bungalow with detached garage and additional storage structure. Property offers excellent potential for redevelopment, expansion, or long-term investment. Existing home features an updated bathroom and newer electrical panel, making it ideal to hold as a rental while planning future development. Per seller's understanding and preliminary information, property may allow for By-Right development of up to 8 units plus 2 detached ADUs and 1 attached ADU. Buyer to independently verify all development potential, zoning, density, ADU guidelines, permits, and usage with the City of Los Angeles Planning and Building Departments. Approximate lot dimensions are 54' x 120'. Property is connected to water, gas, electricity, sewer, paved streets, curbs, and sidewalks. Conveniently located near the 405 Freeway, Van Nuys Airport, FlyAway Bus Terminal, USPS, shopping, dining, and major employment centers. Excellent opportunity for builders, investors, or buyers looking for future upside in a high-demand rental market.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAR3

Interior

Cooling None

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 1.0

Pool None

View Local/Neighborhood

Building

Story One Story

Sewer TBD

Water District - Public

Others

Tax ID 2205026003

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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7315 Woodley Van Nuys, CA 91406

JLee Broker

Key Details

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Interior

Exterior

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