Summary
CALL OR TEXT JOE AT 510-932-2126
Property Details
- Lot Size: 6,200 sqft
- Zoning: RD1.5
- Buildable Area: 1,224 sqft
Development Options
Affordable Housing Units:
- Units: Develop 25-30 units
- Estimated Build Cost: 5m
- Estimated Profit: 2.9m
Market Rate Units:
- Units: Develop 10 units
- Estimated Build Cost: Contact for details
- Estimated Profit: 3m
Property Description
Take advantage of this prime development opportunity in the thriving area of Van Nuys. This vacant duplex on a 6,200 sqft lot, zoned RD1.5, offers versatile development options, including the construction of 25-30 affordable housing units or 10 market rate units. With an estimated after development value of 8.2M, this property is ideal for investors looking to capitalize on the growing demand for housing in Los Angeles.
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CALL OR TEXT JOE AT 510-932-2126
1. Buyer Responsibility
• As-Is Sale: The property is sold “as-is” with no warranties.
• Due Diligence: The buyer is solely responsible for conducting all due diligence, including inspections, environmental assessments, legal reviews, and compliance checks.
• Liabilities: All risks and liabilities, including legal, financial, and operational, are the responsibility of the buyer.
2. No Seller Liability
• The seller and anyone on the selling side hold no liability for any issues or conditions of the property, known or unknown at the time of sale.
3. Legal and Financial Advice
• Buyers are strongly advised to seek independent legal and financial advice before purchase.
4. Acknowledgment
By purchasing the property, the buyer acknowledges and accepts all risks and liabilities associated with the property and understands that the seller holds no liability.
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold