14430 Vanowen Street,Van Nuys, CA 91405
Van Nuys, CA 91405
Description
Land Development Opportunity - Prime Van Nuys Location Unlock the potential of a rare multifamily development opportunity in the heart of Van Nuys, one of Los Angeles’ fastest-growing neighborhoods. This strategically located parcel offers an ideal canvas for a modern apartment complex, appealing to both developers and investors seeking to meet the rising demand for housing in the San Fernando Valley. Property Highlights: Central Van Nuys Location - Situated near major transit corridors, employment hubs, shopping, dining, and civic services. Excellent walkability and easy freeway access (101, 170, 405). Generous Lot Size 19,490 sqft - Flat and buildable with favorable zoning for high-density residential (check with city for TOC or Density Bonus incentives). Development Potential - Ideal for a 4-5 story apartment building with underground parking. Potential for 50-100+ units, depending on design and entitlements. (Est: TOC 55 units. ED1 88 Units- potential to do more. ) Transit-Oriented TIER 3- Close to the Van Nuys Metro Station and future Sepulveda Transit Corridor, enhancing long-term value and rental appeal. Thriving Residential Demand - Van Nuys is undergoing revitalization, with rising rental rates and continued migration from central Los Angeles. Utilities Available - All major services onsite or nearby, reducing upfront infrastructure costs. Whether you're looking to create luxury apartments or a mixed-income project, this land offers a rare and valuable foothold in a high-demand market. Act now to shape the future of Van Nuys living. Broker/Broker's agents/Seller do not represent or guarantee measurements, dimensions. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals to satisfy themselves.
Details
| MLS # | SR25143443 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 11 |
| Listing Provided By | Pinnacle Estate Properties | Jesse Perez |
Features
| SQ Feet | 19,475 |
|---|---|
| Acreage | 0.45 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91405 |
| Area | VN Van Nuys |