6311 Hazeltine Avenue
Van Nuys (los Angeles), CA 91401
- – beds
- – baths
- 10,604 sqft
- 10,604 sqft lot
- $86 per sqft
- – on site
More homes
We are proud to present 6311 Hazeltine Ave, Van Nuys, CAa unique investment opportunity with a range of possibilities for astute investors and developers.This expansive 10,621-square-foot corner lot currently hosts a duplex on the northern half, with two 900+ square foot, two-bedroom, one-bathroom units that generate $3,450 in monthly rental income. Each unit enjoys its own private garage, with a shared driveway between them.The southern half of the lot, comprising over 5,000 square feet of raw, undeveloped land, is primed for new development.The property's zoning, (Q)RD1.5, allows for various development strategies. One option is to demolish the existing duplex and capitalize on the zoning to construct up to 5 units by right. Alternatively, leveraging the TOC Tier 1 density bonus, a developer could create up to 8 units, with just one unit designated for low-income housing. This plan could be further enhanced with the addition of ADUs, resulting in a total of up to 10 units.For those considering affordable housing, the property is also an excellent candidate for ED1 100% affordable development, potentially accommodating over 40 units.Alternatively, a buyer might choose to retain the existing duplex and develop the vacant portion of the lot. Options include constructing two large
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Last updated Nov 8, 2024
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MLS# CL24432117 —
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:10604
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Living Area Units:Square Feet
Location
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Directions:Hazeltine & Sylvan
The Property
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View:None
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View:false
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Property Type:Land
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Property Subtype:Unimproved Land
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Lot Size Area:0.24
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Lot Size Acres:0.24
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Lot Size SqFt:10604
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Lot Size Units:Acres
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Zoning:LARD
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Parcel Number:2240015014
Listing Agent
- Contact info:
- Agent phone:
- (818) 212-2817
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 |
|---|---|---|---|---|
|
10/17/24
Oct 17, 2024
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Sold | BRIDGE | $915,000 | -8.0% |
|
9/4/24
Sep 4, 2024
|
Pending | BRIDGE | $995,000 | |
|
8/26/24
Aug 26, 2024
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Listed / Active | BRIDGE | $995,000 |
