6700 Van Nuys Boulevard, Van Nuys, CA 91405

$2,775,000

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List Price
$2,775,000
Price Change
▼ $125,000 1767056450
Status
ACTIVE
MLS#
SR25202140
Year Built
1932
Lot Size
10,003
Acres
0.23
Lot Location
0-1 Unit/Acre, Near Public Transit, Street Level
Days on Market
320
Property Type
Commercial
Property Sub Type
Retail

Property Description

Introducing a remarkable investment opportunity at 6700 Van Nuys Blvd. This freestanding retail building spans 1,900 sq. ft. and is situated on a substantial 10,000 sq. ft. lot. The building remains fully usable while obtaining necessary permits and plans from the city, providing immediate functionality. The property is ideally positioned for redevelopment, with city planning approval allowing for the construction of up to 24 apartment units. This presents a fantastic chance for developers to capitalize on the growing demand for housing in the area.Whether you’re looking to utilize the existing space or embark on a new residential project, this property offers flexibility and potential. Don’t miss this opportunity.

Additional Information

Cooling
Yes
Cooling Description
Central Air
Roof
Flat
Water
Public
Attached Structure
Detached
Number Of Units Total
3

Listing courtesy of Listing Agent: Ricardo Pena (rlre.services@gmail.com) from Listing Office: Pinnacle Estate Properties.

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Calculator source: Real Geeks

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.