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16600 Vanowen St
Van Nuys, CA 91406 Lake Balboa

$15,950,000 USD

Land For Sale  •  4.32 AC

Property Details

  • Property Type Land
  • Lot Size 4.32 AC
  • Zoning R1-1 RIO
47 Transit Score
74 Walk Score

Description 

Leverage Density Bonus to produce deed restricted housing

Yield Potential:  Over 600 units assuming four stories over garage and an average unit size of approx. 650 SF.  We’d probably envision something more like 400.

Planning Mechanisms Required:  State Density Bonus.  AB1763 – Site qualifies for unlimited density assuming 100% affordable as it falls with in Gov. Code §65915(o) Transit Rich Area which includes being within ½ mile of a High-Quality Transit Corridor (according to Zimas).

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.2 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 5.4 mi
AirportDriveWalkDistance
Bob Hope 19 min - 8.3 mi
Los Angeles International 30 min - 21.2 mi
Long Beach (Daugherty Field) 49 min - 38.6 mi
Frank Evanisko 213-200-6957 Evanisko Realty & Investment, Inc.
Frank Evanisko 213-200-6957 Evanisko Realty & Investment, Inc.