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Key Details
Sold Price $825,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 19496574
Sold Date 11/20/19
HOA Y/N No
Property Description
It's a unique opportunity for developers to purchase a 7,500 sf lot in the heart of Van Nuys. By right a developer can develop 7 units, under TOC (Tier1), a developer can build up to 12 units on the property. The property currently has a vacant single family residence, and two occupied units on the rear of the property. This area its seeing a plethora of new development and is within close proximity to the City hub. Highlights:Build 12 units under TOC Within walking distance to downtown Van NuysMany new developments along the streetPrime Van Nuys location
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N Yes
View Trees/Woods
Building
Lot Description Flag Lot, Flat
Others
Tax ID 2241002015
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
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Bought with Elizabeth Clark • Compass