13340 Vanowen Street, Los Angeles, CA 91405
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Listed Price :
$499,900
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
Back on Market at no fault of Seller. -------->. DEVELOPERS with Vision Special!!! This Flat Buildable Lot is a Prime Location for Developers, Offering a Great Opportunity to Construct a Multi-unit Residential Development. Here is a description of the lot and its Potential for Accommodating different unit configurations: - Location: The lot is situated in a Desirable Neighborhood within Van Nuys/Valley Glen area of San Fernando Valley with convenient access to amenities such as Victory Plaza shopping center and Cinemark. Schools, Parks, and extensive Public Transportation allowing more Unit Density in the Area. Its central location makes it an attractive option for potential residents. The existence of public transportation allows High Density Building Projects. - Size: The lot spans a sufficient area to accommodate the proposed development comfortably. It provides ample space for Constructing a Multi-unit Residential Building while allowing for necessary setbacks and landscaping. - Topography: The lot features a flat terrain, providing a favorable building environment that minimizes the need for extensive earthwork and leveling. This aspect simplifies the construction process and helps optimize space utilization. - Zoning: The LAR3 lot is zoned appropriately for multi-unit residential development, allowing for the POTENTIAL construction of 4-6 units with parking or the POTENTIAL of building 12-16 Senior or Low Income units without parking. Configurations could be 4-6 Townhouses with tandem parking OR up to 12-16 Senior or Junior 1 Bedroom Studio Units with Bicycle parking. - The zoning regulations and building guidelines should be consulted with the City of Los Angeles Building and Development Department Prior to Submitting an Offer. - Infrastructure: The lot benefits from existing infrastructure connections, including access to public utilities such as water, gas, electricity, and sewage systems at Curb. This reduces the need for extensive infrastructure development and ensures the smooth integration of the new development into the surrounding neighborhood. - Market Potential: The surrounding area exhibits a strong demand for multi-unit residential properties, making this lot an excellent investment opportunity for developers. The presence of nearby amenities, favorable location, and potential unit configurations contribute to its market appeal.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
13340 Vanowen Street |
City |
Los Angeles |
State |
CA |
Zip |
91405 |
County |
Los Angeles |
Listing Agent |
Don Sutton DRE #01335611 |
Courtesy Of |
Sync Brokerage |
List Price |
$499,900 |
Status |
Hidden |
Type |
Land |
Structure Size |
N/A |
Lot Size |
4,600 |
Listing information courtesy of: Don Sutton, Sync Brokerage. *Based on information from the Association of REALTORS/Multiple Listing as of May 7th, 2024 at 12:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.