$1,150,000
$1,049,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
6311 Hazeltine Ave Van Nuys, CA 91401
10,604 Sqft Lot
Key Details
Sold Price $1,150,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24-461415
Sold Date 02/28/25
Lot Size 10,604 Sqft
Acres 0.2434
Property Description
Unlock the massive amount of potential of this spacious 10,604 sq ft corner lot located in the heart of Van Nuys. Zoned LARD1.5 with a large portion of the lot empty, there are a multitude of potential strategies for developers and investors. Build 3 duplexes, demolish one existing bungalow and convert the north most bungalow into an ADU. Demolish both existing structures and build 3 duplexes plus an attached ADU (7 units total). Leave both existing structures and build a duplex on the front of the lot with an attached ADU. Do an ED-1 project and build 30-45 units, depending on unit size. The 2 2-bedroom 1-bath bungalows that sit on the northern end are currently bringing in $3,450 a month. The possibilities are truly endless. Don't miss out on this incredible opportunity.
Location
State CA
County Los Angeles
Area East Van Nuys
Zoning LARD1.5
Exterior
View Y/N Yes
View City
Others
Special Listing Condition Standard
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Bought with Beverly Global Realty