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

4

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#