0 Archwood Street, Van Nuys, CA, 91406

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$4,300,000
4 Days On Site

0 Archwood Street
Van Nuys, CA 91406

For Sale|Land|Active
County:
Los Angeles
Listed by Francis Evanisko of Evanisko Realty & Investment frank@evaniskorealty.com
Call Now: 951-203-4426
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951-203-4426
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This 1.18 acre flat corner site is walking distance to one of Los Angeles’ largest recreation amenities; Sepulveda Basin. The development of multiple residential product typologies are possible on the site from traditional single family + SB9 to dense forms of deed restricted apartments leveraging state bonus density policy. No tree, tenants, or structures exist on this rare flat corner site. By leveraging density bonus (with or without concurrent subdivision processing), a coveted BTR townhome product typology is feasible. Additionally, an architect versed in affordable housing has conducted a yield study affirming viability of a nearly 1:1 ratio grade-level parked (podium and surface) 132-unit type V apartment building with 132 comfortably sized units. Using the City’s Affordable Housing Incentive Program (AHIP) the project will be ministerially processed using Expanded Administrative Review.

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Listing Snapshot
Price 
$4,300,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.1668 Acres
Year Built 
N/A
MLS® Number 
SR26216672
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
1.1668
Land Lease 
No
Special Circumstances 
Standard
Water Source 
Public
Zoning 
R1-1
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Exterior Features
Lot Features 
LevelRectangular Lot
View 
HillsValley
Waterview 
HillsValley
Community Features
Association Amenities 
Dog Park
Community Features 
Street Lights
MLS Area 
VN - Van Nuys
Financing Terms Available 
Cash1031 Exchange


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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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