Listing Agent: Daniel Shalvardzhyan      Broker/Office: Compass
6824 Tyrone Van Nuys CA 91405
$ 1,099,000
  4   |    2   |    1641 Sq Feet

Listing ID

#BB26183934

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1936

Days on website

38

Description
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.
Location
Financial Information
List Price:  $ 1099000
Property Features
Community Features:  Park
Heating:  Central
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  Two
Senior Community YN:  false
Structure Type:  House
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  VN - Van Nuys
City:  Van Nuys
Listed By:   Daniel Shalvardzhyan   Compass 
CA Lic#