Listing Agent: Christopher Martinez Diaz Broker/Office: Vinco Vinco Realty & Investments Inc
5934 MURIETTA Avenue Van Nuys CA 91401
$ 1,285,000
3
| 2
| 1097 Sq Feet
Listing ID
#SR25217840
Status
Active
Property Type
Single Family Residence
County
Los Angeles
Year Built
1948
Days on website
2
Description
Prime development opportunity adjacent to Valley Village. Situated on a 7,015 SF [Q]RD1.5-1 zoned lot, this site offers a 53-foot frontage on a quiet cul-de-sac street, presenting an ideal footprint for residential infill development and rental demand.
The property is SB8 exempt and approved by the Los Angeles Housing Department (LAHD), offering a smoother path to permiting/entitlement. A range of development options may be available through by-right projects or state and local density bonus programs, making it attractive to both market-rate and affordable housing developers.
The existing 3-bedroom, 2-bathroom single-family home spans approximately 1,097 SF. Located just two blocks from the Van Nuys Transit Station and within close proximity to Valley College, this site sits in a high-demand rental corridor with strong rent performance, limited new supply, and long-term neighborhood growth potential. A rare opportunity in a well-established, supply-constrained pocket of the San Fernando Valley.
Location
Financial Information
List Price:
$ 1285000
Property Features
Community Features:
Suburban, Urban
High School District:
Los Angeles Unified
Levels:
One
Senior Community YN:
false
Structure Type:
House
Water Source:
Public
High School District:
Los Angeles Unified
MLS Area Major:
VN - Van Nuys
City:
Van Nuys
Senior Community YN:
false
Listed By:
Christopher Martinez Diaz
Vinco Vinco Realty & Investments Inc
CA Lic#
CA Lic#