Description
Exceptional development opportunity in the heart of Los Angeles (91401)! Situated on a generous 6,793 SF lot with desirable LARD1.5 zoning, this property offers outstanding potential for multifamily development with by-right density for up to 4 units. Ideal for developers, investors, or builders looking to capitalize on one of the Valley’s most active growth corridors. The property’s prime location offers close proximity to major freeways, employment centers, shopping, dining, and public transportation. Surrounded by ongoing redevelopment and new multifamily construction, this site presents endless possibilities for a fourplex, townhome-style residences, or income-producing investment. Strong rental demand and continued area growth make this a rare and valuable opportunity for long-term appreciation and development potential. Buyer to verify all development possibilities with the City of Los Angeles.
Property Features
Community Features: Sidewalks
Heating: Central
High School District: Los Angeles Unified
Laundry Features: Inside
Levels: One
Pool Features: Private
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