Developer's Dream Rare Opportunity in the Heart of the Valley! Best development opportunity on the market! This owner-occupied property offers exceptional privacy, a prime location, and tremendous development potential. Situated on an expansive 25,000+ sq. ft. R1-zoned lot, this property is ideal for developers, investors, or builders looking to maximize value. Preliminary analysis indicates the potential for a by-right subdivision into up to four lots (buyer to independently verify all development possibilities and requirements with the City). The existing home is being offered primarily for land value and is sold AS-IS. Whether your vision is a new residential development, custom homes, or a long-term investment project, this property provides a rare opportunity to unlock significant upside. Prime location. Massive lot. Sold AS-IS for land value. Exceptional development potential and endless possibilities.
| MLS # | 26847363 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1919 |
| Days On Site | 71 |
| Listing Provided By | Redpoint Realty | Arthur Yoon |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,752 |
| Story(s) | 1 |
| Zoning | LAR1 |
| Acreage | 0.57 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Furnished | Unfurnished |
| Fireplace Yes / No | No |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Garage |
| Garage Yes / No | Yes |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91405 |
| Area | VN Van Nuys |
| Listing VS Median (in 91405) | |
Price: $2,400,000 low | high Med: $2,737,500 sqft: 1,752 low | high Med: 4,813 $ / sqft: $1,370 low | high Med: $905 On site: 71 low | high Med: 247 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91405 |
| Area | VN Van Nuys |
| Listing VS Median (in 91405) | |
Price: $2,400,000 low | high Med: $2,737,500 sqft: 1,752 low | high Med: 4,813 $ / sqft: $1,370 low | high Med: $905 On site: 71 low | high Med: 247 | |