Developer Opportunity in Van Nuys! Positioned on an oversized 12,012 sq. ft. lot, this property offers an exciting chance to unlock meaningful residential density in a high-demand San Fernando Valley location. Ideal for builders, investors, and forward-thinking developers looking to capitalize on California’s evolving housing legislation.
Explore multiple potential development paths, including an SB 9 two-unit concept with ADU configurations that may support six or more units, or a possible SB 684/SB 1123 small-lot subdivision strategy with a path to up to 10 residences. Each scenario is subject to site design, zoning, subdivision standards, and City approval; SB 684/SB 1123 provides a streamlined path for certain qualifying urban residential projects of 10 or fewer units. This property has 2 driveways, perfect for separate entrances to the development.
A standout opportunity to create a rental portfolio, build a boutique small-lot community, or secure a strategic infill-development site. Buyer to verify all zoning, unit count, and development potential with the City of Los Angeles.
Additional Features
- Central
- 0-1 Unit/Acre
- Two
- None
- Parking spaces: 2.00
- Listing Status: Active
- Listing Agent: Daniel Shalvardzhyan
(lic# 01937402)
of Burbank
- Listing Office: Compass
(lic# 01991628)
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Based on information from CRISNet MLS as of 25th September 2026 at 1:26pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
