4
See all 4 photos
$6,995,000
Est. payment /mo
1.14 Acres Lot
Active
6904 De Celis Pl Van Nuys, CA 91406
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UPDATED:
12/10/2024 07:01 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-468453
Lot Size 1.141 Acres
Acres 1.14
Property Description
Presenting 6904-6910 De Celis Place, a unique multi-family development opportunity in Van Nuys consisting of four contiguous single-family lots totaling 49,688 sq. ft. Per Crest Real Estate report (available upon request), the General Plan designates the property's Land Use category as Low Medium II Residential, which allows the property to change its zoning to either RD1.5, RD2, RW2, or RZ2.5 without the need to obtain approval via a General Plan Amendment. A builder can develop 34 units by right and up to 68 1,500 sq. ft units on the site by leveraging development density bonus provisions. The development site is centrally located in Van Nuys, one of the most densely populated areas in the San Fernando Valley. Home to landmarks such as the Van Nuys Airport and the Valley Municipal Building, Van Nuys has strong socio-economic indicators and above-average public schools, several parks, coffee shops, and restaurants, making it a compelling area for development.
Location
State CA
County Los Angeles
Area Lake Balboa
Zoning LARD1.5
Exterior
View Y/N No
View None
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by The Oppenheim Group, Inc.