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$ 2,695,000
Est. payment /mo
Active
14430 Vanowen Street Van Nuys (los Angeles), CA 91405
0.45 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD25135975
HOA Y/N No
Lot Size 0.447 Acres
Acres 0.45
Property Sub-Type Unimproved Land
Property Description
Land Development Opportunity – Prime Van Nuys Location Unlock the potential of a rare multifamily development opportunity in the heart of Van Nuys, one of Los Angeles’ fastest-growing neighborhoods. This strategically located parcel offers an ideal canvas for a modern apartment complex, appealing to both developers and investors seeking to meet the rising demand for housing in the San Fernando Valley. Property Highlights: Central Van Nuys Location – Situated near major transit corridors, employment hubs, shopping, dining, and civic services. Excellent walkability and easy freeway access (101, 170, 405). Generous Lot Size 19,490 sqft – Flat and buildable with favorable zoning for high-density residential (check with city for TOC or Density Bonus incentives). Development Potential – Ideal for a 4–5 story apartment building with underground parking. Potential for 50–100+ units, depending on design and entitlements. (Est: TOC 55 units. ED1 88 Units- potential to do more. ) Transit-Oriented TIER 3– Close to the Van Nuys Metro Station and future Sepulveda Transit Corridor, enhancing long-term value and rental appeal. Thriving Residential Demand – Van Nuys is undergoing revitalization, with rising rental rates and continued migration from central Los Angeles. Utilities
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Electricity Connected, Natural Gas Connected, Sewer On Site
View Y/N false
View None
Building
New Construction No
Others
Tax ID 2237002021
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Listed by Vartan Grigoryan • Treasure Capital Realty Inc