Van Nuys, CA91401
3 Bedrooms | 2 baths | 1408 sqft | MLS# 25579395
Tract:
For Sale $1,599,999
Description
INCREDIBLE DEVELOPMENT OPPORTUNITY IN PRIME SHERMAN OAKS! Property is will be sold with READY-TO-ISSUE (RTI) PLANS for THREE MODERN LUXURY TOWNHOMES a total of 9 bedrooms and 9 bathrooms. The lot is FULLY SUBDIVIDED in three APNs. There's an opportunity to ADD an ADU for additional income potential. Start building right away PERMITS ARE almost READY TO PULL. Each townhome is thoughtfully designed with CONTEMPORARY ARCHITECTURE, OPEN FLOOR PLANS, and PREMIUM FINISHES. Projected future value is $1,200,000+ PER UNIT, making this an ideal opportunity for BUILDERS, DEVELOPERS, or INVESTORS looking to live in one unit and sell or rent the others. Located in a HIGHLY DESIRABLE NEIGHBORHOOD close to top schools, shopping, dining, and easy freeway access.
Facts
Single Family Residence | Built in 1944 | Lot Size: 6755.00 sqft | HOA Dues: $0/month
Features
Listing provided by Valeriya Shiryaeva, Compass
Based on information from California Regional Multiple Listing Service, Inc. as of August 23, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
