$1,595,000
Van Nuys, CA 91405
Los Angeles
County
Land
Property Type
JUST LISTED! Exceptional opportunity to acquire an approximately 11,095 SF flat corner development site in Van Nuys, offered at $1,595,000 (approximately $144/SF). Zoned RD1.5 and located within TOC Tier 3, the property offers excellent potential for multifamily development. Located within CHIP's Transit Oriented Incentive Area (TOIA) Tier 2, offering potential development incentives for qualifying mixed-income housing projects. The site should clear SB 8 and may also be a candidate for 100% affordable housing development under Executive Directive 1 (ED 1), subject to City review and buyer verification. Located within a Qualified Opportunity Zone, offering potential federal tax incentives for qualifying investments. The property consists of vacant, level land with no tenant relocation or demolition costs. Conveniently located near major freeways, employment centers, shopping, dining, and other amenities throughout the San Fernando Valley. Ideal opportunity for developers and investors seeking a well-positioned infill development site with multiple potential development strategies. Buyer to independently verify zoning, entitlements, development capacity, SB 8 status, CHIP/TOIA incentives, ED 1 eligibility, Opportunity Zone benefits, and all other property information with the appropriate agencies.
$8,489/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 8:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
