Van Nuys (los Angeles), CA 91405,14041 Sherman Way
Van Nuys (los Angeles), CA 91405,14041 Sherman Way
Van Nuys (los Angeles), CA 91405,14041 Sherman Way
Van Nuys (los Angeles), CA 91405,14041 Sherman Way
Van Nuys (los Angeles), CA 91405,14041 Sherman Way
Van Nuys (los Angeles), CA 91405,14041 Sherman Way
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$ 5,495,000
Est. payment | /mo

4,510 SqFt


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$ 5,495,000
Est. payment | /mo
Save

4,510 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,510 sqft

Price per Sqft $1,218

MLS Listing ID CRBB25080113

HOA Y/N No

Year Built 1960

Lot Size 0.379 Acres

Acres 0.38

Property Sub-Type Mixed Use

Property Description

Unlock the potential of this prime commercial offering with RTI permits for an 82 unit affordable housing project. Situated on a 16542.70 square foot lot, the approved plans include 20 studio units and 62 one bedroom units, each ranging from 430 to 600 square feet. This layout is designed to maximize both functionality and affordability. The project also includes 23 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development. An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income-generating project to market.

Location

State CA

County Los Angeles

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 2216002050

Bridge MLS
Listed by Tatevik Damadyan • JohnHart Real Estate

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

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

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14041 Sherman Way