$1,049,000
For Sale

6311 Hazeltine Avenue

Van Nuys, CA 91401
Listing OfficeCompass
Browse 11 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Unlock the massive amount of potential of this spacious 10,604 sq ft corner lot located in the heart of Van Nuys. Zoned LARD1.5 with a large portion of the lot empty, there are a multitude of potential strategies for developers and investors. Build 3 duplexes, demolish one existing bungalow and convert the north most bungalow into an ADU. Demolish both existing structures and build 3 duplexes plus an attached ADU (7 units total). Leave both existing structures and build a duplex on the front of the lot with an attached ADU. Do an ED-1 project and build 30-45 units, depending on unit size. The 2 2-bedroom 1-bath bungalows that sit on the northern end are currently bringing in $3,450 a month. The possibilities are truly endless. Don't miss out on this incredible opportunity.

  • Property Details
      • CountyLos Angeles
      • ViewCityLights
      • Original List Price$1,049,000
      • Property TypePurchase
      • MLS #24461415
      • MLS #24461415
      • Cost1049000
      • Acres0.2434
      • Property SubtypeLand

Location

Manon SchillerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 91401