NEW PRICE! We are pleased to present for sale a (Q)R3-1 TRIPLE LOT development opportunity located in the heart of Van Nuys & in an Opportunity Zone! The offering consists of 2 single family homes + one triplex (2 units may be delivered vacant), situated on 3 lots totaling 18,764 sqft of land. Sale to also include 14811 Erwin (APN 2241-009-022) + 14817 Erwin (APN 2241-009-021); purchase price for all 3 lots is $3,000,000. Must be sold concurrently. The site lies just 3 BLOCKS from the Orange Line Busway + 1 mile from the 405 freeway, and is close to all the shopping, restaurants, grocery + transportation that Van Nuys has to offer its tenants! Lots of new construction around. Based on owner's consultations with the city a developer may be able to build up to 35 units utilizing the TOC bonus. Buyer to verify all zoning and TOC regulations with LADBS. Properties to be sold As-Is. Do not miss this opportunity to build on a RARE TRIPLE LOT close to Sherman Oaks, Valley Glen, Lake Balboa.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
