6700 Van Nuys Boulevard, Van Nuys, CA 91405

$2,775,000

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List Agent Ricardo Pena () Pinnacle Estate Properties; CoList ()

List Price
$2,775,000
Price Change
▼ $125,000 1767056450
Status
ACTIVE
MLS#
SR25202140
Year Built
1932
Lot Size
10,003
Lot Location
0-1 Unit/Acre, Near Public Transit, Street Level
Days on Market
322
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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.