6059 Woodman Avenue, Van Nuys, CA 91401

$1,195,000
2
BD
1
BA
1,906
SqFt

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List Price
$1,195,000
Status
Active
MLS#
SR26234041
Year Built
1955
Bedrooms
2
Bathrooms
1
Living Sq. Ft
1,906
Lot Size
5,912
Lot Location
0-1 Unit/Acre, Corner Lot, Near Park, Walkstreet, Yard
Days on Market
0
Property Type
Single Family Residential
Stories
One Level

Property Description

RTI APPROVED PLANS | SHOVEL-READY DEVELOPMENT OPPORTUNITY | 4 TOWNHOME-STYLE UNITS + ADU | APPROX. 7,470 SF OF PROPOSED ZONING FLOOR AREA | 8 PARKING SPACES Exceptional opportunity for builders, developers, and investors to acquire a shovel-ready multifamily development site in the heart of Valley Glen, with fully approved, Ready-to-Issue (RTI) architectural and structural plans. Skip the lengthy design and entitlement process and move directly toward construction. Situated on a prime corner lot at Woodman Avenue and Bessemer Street, this approximately 5,912-square-foot, flat RD1.5-zoned parcel comes with plans for two three-story buildings featuring four townhome-style residences plus a ground-floor ADU, totaling approximately 7,470 square feet of proposed zoning floor area. The thoughtfully designed project includes eight parking spaces with convenient rear-alley access, maximizing functionality and street appeal. Ideally positioned for a developer seeking a build-and-sell opportunity or an investor looking to establish a long-term rental portfolio, the property benefits from strong connectivity and proximity to major employment, education, and transportation hubs. Just a short distance to the Woodman/Valley Glen Metro G Line station, with convenient connections to North Hollywood and the Metro B Line. Minutes from Los Angeles Valley College, the Van Nuys Civic Center, neighborhood parks, shopping, dining, and the 101, 405, and 170 freeways. With RTI plans in place, a desirable unit configuration, and an accessible central Valley location, this is a rare opportunity to bring a five-unit residential development to market without starting the approval process from scratch. Full architectural and structural plans available upon request. Buyer to independently verify all plans, approvals, permit status, square footage, zoning, and development details with the City of Los Angeles.

Additional Information

Pool
Yes
Pool Description
In Ground, Private
Fireplace Description
See Remarks
View
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified
Elementary School
Erwin
High School
Grant

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Listing courtesy of Listing Agent: George Ouzounian (GeorgeAndGina@TheAgencyRE.com) from Listing Office: The Agency.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.