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Key Details
Sold Price $1,100,000
Property Type Vacant Land
Sub Type Lots/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
Acres 0.1722
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.
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 Van Nuys (91401)
Building
Lot Description Curbs, Sidewalks
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Stephanie Vitacco • Equity Union
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878