Van Nuys (los Angeles), CA 91406,6904 De Celis Place
Van Nuys (los Angeles), CA 91406,6904 De Celis Place
Van Nuys (los Angeles), CA 91406,6904 De Celis Place
Van Nuys (los Angeles), CA 91406,6904 De Celis Place
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$ 6,995,000
Est. payment | /mo

1.14 Acres Lot


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$ 6,995,000
Est. payment | /mo
Save

1.14 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL24468453

HOA Y/N No

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 Listing

Zoning LARD

Interior

Fireplace No

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 2225002020

Bridge MLS
Listed by Omar Abaza • The Oppenheim Group, Inc.

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agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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6904 De Celis Place