Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
Van Nuys (los Angeles), CA 91401,5934 Murietta Avenue
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$ 1,150,000
Est. payment | /mo

3 Beds

1.5 Baths

1,097 SqFt


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$ 1,150,000
Est. payment | /mo
Save

3 Beds

1.5 Baths

1,097 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,097 sqft

Price per Sqft $1,048

MLS Listing ID CL24412013

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1948

Lot Size 7,017 Sqft

Acres 0.1611

Property Description

We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five (35) affordable apartment units. There is a 3-bedroom + 1.5-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. This is a high-demand rental location within close proximity to the Van Nuys Courthouse, restaurants, shops, and Valley college. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

Location

State CA

County Los Angeles

Area Listing

Zoning LARD

Interior

Interior Features Den

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator

Laundry Dryer, Washer, Inside

Exterior

Pool None

View Y/N true

View City Lights

Total Parking Spaces 5

Private Pool false

Building

Story 1

Level or Stories One Story

New Construction No

Others

Tax ID 2246002001

Bridge MLS
Listed by Davis Saadian • KW Advisors
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1901, Oakland, California, 94612, USA

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5934 Murietta Avenue

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