16600 Vanowen, Van Nuys, CA 91406

$15,950,000

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List Price
$15,950,000
Status
ACTIVE
MLS#
SR26026886
Lot Size
188,339
Acres
4.32
Lot Location
16-20 Units/Acre, 11-15 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre, 36-40 Units/Acre, 31-35 Units/Acre, 6-10 Units/Acre, Agricultural, Corner Lot, Corners Marked, Lot Over 40000 Sqft, Level, Rectangular Lot
Days on Market
174
Property Type
Land

Property Description

We are pleased to present the opportunity to acquire fee simple interest in 4.32 acres at 16600 Vanowen St. in the Lake Balboa neighborhood of the City of Los Angeles. The flat site boasts frontage on three streets, will not require residential tenant displacements, and is walking distance to one of Los Angeles’ largest recreation amenities; Sepulveda Basin. The development of multiple residential product typologies are possible on the site from traditional single family to dense forms of deed restricted apartments leveraging state bonus density policy. Low Residential General Plan in its entirety, which, in Reseda – West Van Nuys Community Plan area possesses an RD5 Corresponding Zone.

Additional Information

View
Hills, Reservoir, Valley
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Francis Evanisko (frank@evaniskorealty.com) from Listing Office: Evanisko Realty & Investment.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.