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Land For Sale • 0.32 AC
The property consists of two parcels totaling 0.32 acres in Van Nuys, Los Angeles County. It is zoned LAR3 for multiple residential use and set for a 46-unit senior housing development. The project scope includes ADA-compliant one-bedroom units. Development benefits include Executive Directive 1 (expedited entitlements). Government-backed rental programs (HUD and Section 8) apply. The site’s surrounding area consists of residential neighborhoods and commercial districts, with proximity to transportation routes and public amenities.
| Located in a prime Van Nuys setting with excellent access to major thoroughfares and public amenities. |
| HUD & Section 8 support provides stable, reliable rental revenue |
| Fully entitled 46-unit senior affordable housing development under ED-1 for expedited approvals. |
| Flexible Investment Structure |
| Attractive, Defined Investor Returns |
| Strong Market Fundamentals |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 7 min | - | 2.8 mi |
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 11 min | - | 4.9 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 12 min | - | 4.9 mi |
| Los Angeles International | 34 min | - | 21.9 mi |
| Long Beach (Daugherty Field) | 53 min | - | 39.4 mi |
Vartan Akopyan
Hi Line Real Estate Services
Vartan Akopyan
Hi Line Real Estate Services
