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Land For Sale • 0.97 AC
Three-parcel residential land assemblage totaling approximately 42,189 SF (0.97 acres) in the Lake Balboa/Van Nuys area of the San Fernando Valley. The site consists of contiguous lots currently improved with single-family residences and is positioned for multifamily redevelopment. The property's General Plan designation of Low Medium II Residential allows potential rezoning to RD1.5, RD2, RW2, or RZ2.5, creating a by-right development pathway without a General Plan Amendment. Marketing materials indicate the opportunity to develop up to 58 multifamily units utilizing applicable density bonus programs. The property benefits from a central Van Nuys location with convenient access to major employment centers, transportation corridors, retail amenities, parks, and community services.
| Three-parcel assemblage totaling approximately 42,188 square feet of contiguous, level land in the heart of Van Nuys. |
| By-right path allows up to 58 units with rezoning to RD1.5, RD2, RW2, or RZ2.5—no General Plan Amendment required. |
| Opportunity to increase potential density to 68 units with inclusion of an adjacent ±7,500-square-foot parcel. |
| Fully improved site with existing infrastructure in place, reducing development timelines and costs. |
| Centrally located with excellent connectivity to major Los Angeles employment centers, transit routes, and lifestyle amenities. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) | 8 min | - | 4.0 mi |
| Van Nuys Metrolink Station (Metrolink Ventura County Line - Metrolink Trains) | 9 min | - | 4.3 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 17 min | - | 8.4 mi |
| Los Angeles International | 30 min | - | 21.4 mi |
Christian Emerson
The Oppenheim Group
Christian Emerson
The Oppenheim Group
