Unlock the massive amount of potential of this spacious 10,604 sq ft corner lot located in the heart of Van Nuys. Zoned LARD1.5 with a large portion of the lot empty, there are a multitude of potential strategies for developers and investors. Build 3 duplexes, demolish one existing bungalow and convert the north most bungalow into an ADU. Demolish both existing structures and build 3 duplexes plus an attached ADU (7 units total). Leave both existing structures and build a duplex on the front of the lot with an attached ADU. Do an ED-1 project and build 30-45 units, depending on unit size. The 2 2-bedroom 1-bath bungalows that sit on the northern end are currently bringing in $3,450 a month. The possibilities are truly endless. Don't miss out on this incredible opportunity.
Sold for $1,150,000 on 02/28/25
$1,150,000
6311 Hazeltine Ave, Van Nuys, CA 91401
0beds
0baths
10,602.5Square Feet
Unimproved Land
Built in ----
10,602.5 Square Feet Lot
$1,173,000 Zestimate®
$--/sqft
$2,954 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 04, 2025 at 03:09am
Listed by:
Kaela Whelan DRE #01965737 310-526-1259,
Compass
Bought with:
Kristina Akopyan, DRE #02105083
Beverly Global Realty
Source: SDMLS,MLS#: 24-461415
Originating MLS: Beverly Hills/Greater LA
