Van Nuys, CA 91405
$1,099,000
Mark Quesada
Broker / Owner
DRE #02101365
Developer Opportunity in Van Nuys! Positioned on an oversized 12,012 sq. ft. lot, this property offers an exciting chance to unlock meaningful residential density in a high-demand San Fernando Valley location. Ideal for builders, investors, and forward-thinking developers looking to capitalize on California’s evolving housing legislation. Explore multiple potential development paths, including an SB 9 two-unit concept with ADU configurations that may support six or more units, or a possible SB 684/SB 1123 small-lot subdivision strategy with a path to up to 10 residences. Each scenario is subject to site design, zoning, subdivision standards, and City approval; SB 684/SB 1123 provides a streamlined path for certain qualifying urban residential projects of 10 or fewer units. This property has 2 driveways, perfect for separate entrances to the development. A standout opportunity to create a rental portfolio, build a boutique small-lot community, or secure a strategic infill-development site. Buyer to verify all zoning, unit count, and development potential with the City of Los Angeles.
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$8,111/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Daniel Shalvardzhyan, Compass
MLS# BB26183934 · Active
History reflects records reported to the MLS and may be incomplete.