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Lot/land
  • $1,500,000

    6901 Woodman Ave, Van Nuys, CA 91405

    --beds
    --baths
    10,010Square Feet
    Unimproved Land
    Built in ----
    10,010 Square Feet Lot
    $1,507,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    We are proud to present 6901 Woodman Avenue, a 55-unit RTI (Ready-To-Issue) 100% affordable housing development located in Van Nuys within the Van NuysNorth Sherman Oaks Community Plan Area of the City of Los Angeles.The project is fully RTI, allowing a developer to immediately pull permits and commence construction without additional entitlement exposure. Leveraging the City of Los Angeles' Executive Directive No. 1 (ED1) ministerial approval pathway in combination with Transit Oriented Communities (TOC) incentives, the approved plans achieve a high-density five-story residential development optimized for affordable housing execution.The approved plans call for a five-story Type V-A wood-frame structure with zero on-site parking, maximizing unit efficiency while aligning with current City housing production priorities. The design reflects cost-effective construction fundamentals relative to podium or high-rise alternatives.The building has been engineered under the 2020 City of Los Angeles Building Code and California Title 24 standards, incorporating 3-hour rated structural assemblies, STC-rated separation walls, and full life-safety compliance including NFPA-13 fire sprinklers, standpipe systems, emergency power provisions, and Fire Department access requirements per Los Angeles Fire Code. The fully detailed plans provide construction clarity and reduce technical execution risk for incoming ownership.Unlike many corridor-heavy ED1 sites, 6901 Woodman Avenue is situated within an established residential neighborhood characterized by surrounding multifamily and low-density housing rather than heavy commercial or industrial uses. This residential setting enhances long-term livability, supports tenant stability, and limits direct large-scale development competition.The property is located approximately four blocks from the future Metro Light Rail station at Vanowen Street and Van Nuys Boulevard, part of the East San Fernando Valley Light Rail Transit Project. This planned fixed-rail infrastructure will significantly enhance long-term connectivity throughout the Valley and into the broader Metro system, positioning the site within a publicly funded growth corridor benefiting from sustained transit investment.With RTI status, strong transit fundamentals, and a residential neighborhood setting, 6901 Woodman Avenue represents a rare opportunity to deliver high-density affordable housing with immediate construction readiness in one of the San Fernando Valley's most supply-constrained rental corridors.
    29 days
    |
    69
    |
    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Filip Niculete DRE # 01905352 818-212-2748,

    Marcus & Millichap 818-212-2700,

    Glen Scher DRE # 01962976 818-212-2808,

    Marcus & Millichap

    Source: CLAW,MLS#: 26857399MLS Logo

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: None
      Lot
      • Size: 10,010 Square Feet
      Details
      • Parcel number: 2216025013
      • Zoning: LAR3
      • Special conditions: Standard

      Community & HOA

      Location
      • Region: Van Nuys

      Financial & listing details

      • Tax assessed value: $1,147,500
      • Annual tax amount: $14,183
      • Date on market: 7/8/2026

        Estimated market value

        $1,507,100

        $1.25M - $1.81M

        $2,372/mo

        Price history

        DateEventPrice
        7/8/2026Listed for sale$1,500,000-3.2%
        Source: CLAW #26857399 Report a problem
        5/18/2026Listing removed$1,550,000
        Source: CLAW #26668561 Report a problem
        3/23/2026Listed for sale$1,550,000+37.8%
        Source: CLAW #26668561 Report a problem
        6/21/2024Sold$1,125,000-2.9%
        Source: Public Record Report a problem
        5/2/2024Contingent$1,159,000
        Source: CLAW #24-377985 Report a problem
        4/10/2024Listed for sale$1,159,000
        Source: CLAW #24-377985 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,183 +763.3%$1,147,500 +1118.7%
        2024$1,643 +1.4%$94,154 +2%
        2023$1,621 +3.8%$92,309 +2%
        2022$1,561 +2.3%$90,500 +2%
        2021$1,525 -0.4%$88,726 +1%
        2020$1,531 $87,817 +2%
        2019$1,531 +7.9%$86,096 +2%
        2018$1,420 $84,409 +2%
        2017$1,420 +1.9%$82,755 +2%
        2016$1,394 +5.1%$81,133 +1.5%
        2015$1,327 -1.5%$79,915 +2%
        2014$1,347 $78,351 +2.5%
        2012-- $76,469 +2%
        2011-- $74,970 +0.8%
        2010-- $74,411 -0.2%
        2009-- $74,589 +2%
        2008-- $73,127 +2%
        2007-- $71,694 +2%
        2006-- $70,289
        2005-- $70,289 +4%
        2004-- $67,562 +1.9%
        2003-- $66,325 +2%
        2002-- $65,025 +4%
        2000-- $62,502
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Van Nuys

        Getting around

        78 / 100
        Very Walkable
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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