Van Nuys, CA91411
| MLS# 25529189
Tract:
For Sale $600,000
Description
Exceptional development opportunity! This undeveloped lot measures 5,612 sq. ft in an R1 zone, which is located in a highly desirable and rapidly revitalizing area. This opportunity can be maximized with SB9 regulation, which allows to build up to 4 homes. Whether you opt to rent or sell, the flexible use and strong market fundamentals promise solid inflation recovery for single-family homes. Just steps from major freeways, public transportation, grocery stores, and restaurants, this property is perfectly positioned for successful development. As there are a total of 3 lots for sale; separate listings, buyer acknowledges that the closing must occur concurrently with one other vacant lot and a SFR, all three transactions must fund and record on the same business day unless Seller provides written consent to an alternative arrangement. For more information other lots, pls refer to 6443 Columbus listing.
Facts
| Built in | Lot Size: 5612.00 sqft | HOA Dues: $0/month
Features
Listing provided by Arthur Yoon, Redpoint Realty
Based on information from California Regional Multiple Listing Service, Inc. as of May 1, 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.
