6948 N Woodman Avenue
Van Nuys, CA 91405
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 2024 build
- – on site
Consider the opportunity to develop a new nursery or residential project in Valley Glen, a prime area within Van Nuys, popular for both multifamily and office developments. This presents an outstanding investment opportunity for seasoned investors and developers. The lot, spanning 19,961 square feet, is zoned R3 (16,817.33 sq. ft.) and R1 (3,151.3 sq. ft.). There are three development options to explore:1. **Unlimited Density**: A request can be made for unlimited density if the project is 100% affordable housing for senior citizens (55+), potentially allowing for 100+ units with no parking requirements. 2. **49 Units**: A plan that includes 49 units, with 7 units designated for low- and moderate-income tenants. 3. **RTI Ready**: The property is already entitled and RTI ready, with plans for a luxury apartment complex featuring 23 units over 31,150 square feet, along with a 1,200-square-foot ADU. Each option provides a unique opportunity for significant returns in this sought-after location.
Last checked:
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Last updated Oct 2, 2024
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MLS# 24443865 —
The Building
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Year Built:2024
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Year Built Source:Estimated
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New Construction:No
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# of Buildings:1
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Total Number Of Units:100
Interior
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Levels:Two, Three Or More
Location
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Directions:East on Woodman, North of Vanowen, South of Sherman Way
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Latitude:34.21162000
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Longitude:-118.43113700
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:19961.0000
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Lot Size Dimensions:97x205
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Lot Size Acres:0.4582
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Lot Size SqFt:19961.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2328010025
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Sewer:Other
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:No
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Parking:None
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/25/24
Sep 25, 2024
|
Listed / Active | CRMLS_CA | $2,980,000 | |
|
6/10/24
Jun 10, 2024
|
Price Changed | CRMLS_CA | ||
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4/26/24
Apr 26, 2024
|
Listed / Active | CRMLS_CA |
