13840 Sherman Way
Van Nuys (los Angeles), CA 91405
- – beds
- – baths
- 45,854 sqft
- ~1 acre lot
- $99 per sqft
- – on site
Letter of Compliance - Administrative Determination Issued. We are proud to present for sale a rare Vacant Lot, measuring over an Acre, with Entitlements for an 86-Unit 100% Affordable Housing Project in Van Nuys! At around 45,700 SF of open land, this price pencils to around $100 PSF on the dirt! Situated with an entrance on Sherman Way but sitting behind a duplex fronting the boulevard, this property will benefit from visibility on a busy road, but separation from the hustle and bustle of the street traffic. Sandwiched between Woodman Ave. and Hazeltine Ave., the property is under two miles from the Metrolink Station. The property is labeled as TOC 1. Walk Score calls this area Very Walkable, and future residents will benefit from restaurants, shopping and markets all around, including a Ralphs Supermarket and a Norms Restaurant half a block away. The Entitlements were approved via a Density Bonus & Affordable Housing Incentives Program's Letter of Compliance, approved as Affordable Housing without utilizing ED1. The Project will be delivered in its as-is condition, and will not be delivered RTI. Buyers to be solely responsible for continuing with the project and getting LADBS approvals. The Entitlements designate 67 units as Very Low-Income Households, 18 units as Moderate Inc
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Last updated Mar 18, 2025
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MLS# CL25482263 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:45854
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Living Area Units:Square Feet
Location
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Directions:West of Woodman Ave. East of Ha
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:2216032032
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Zoning:[Q]R
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Lot Size Area:1.05
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Lot Size Acres:1.05
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Lot Size SqFt:45854
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (424) 600-7633
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/14/25
Jan 14, 2025
|
Listed / Active | BRIDGE | $4,575,000 |
