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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,099,000

Est. payment - /mo

4 Beds

2 Baths

1,641 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,641 sqft

Price per Sqft $669

MLS Listing ID BB26183934

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1936

Lot Size 0.276 Acres

Property Sub-Type Single Family Residence

Property Description

Developer Opportunity in Van Nuys! Positioned on an oversized 12,012 sq. ft. lot, this property offers an exciting chance to unlock meaningful residential density in a high-demand San Fernando Valley location. Ideal for builders, investors, and forward-thinking developers looking to capitalize on California's evolving housing legislation.

Explore multiple potential development paths, including an SB 9 two-unit concept with ADU configurations that may support six or more units, or a possible SB 684/SB 1123 small-lot subdivision strategy with a path to up to 10 residences. Each scenario is subject to site design, zoning, subdivision standards, and City approval; SB 684/SB 1123 provides a streamlined path for certain qualifying urban residential projects of 10 or fewer units. This property has 2 driveways, perfect for separate entrances to the development.

A standout opportunity to create a rental portfolio, build a boutique small-lot community, or secure a strategic infill-development site. Buyer to verify all zoning, unit count, and development potential with the City of Los Angeles.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Rooms

Main Level Bedrooms 3

Interior

Heating Central

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Park

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type House

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 2217011006

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Daniel Shalvardzhyan Compass 818-797-5547, DRE #01937402

NEARBY SCHOOL & BUSINESS

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