CA > Van Nuys
Van Nuys, CA 91401,5934 Murietta Ave
Van Nuys, CA 91401,5934 Murietta Ave
Van Nuys, CA 91401,5934 Murietta Ave
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$1,150,000
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3 BD
2 BA
1,097 SqFt
Active Under Contract

5934 Murietta Ave Van Nuys, CA 91401

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Chan Wathen

Chan Wathen

+1(702) 461-7869

UPDATED:

11/24/2024 01:50 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,097 sqft

Price per Sqft $1,048

MLS Listing ID 24-412013

Style A-Frame

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1948

Lot Size 7,017 Sqft

Acres 0.1611

Property Description

We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five (35) affordable apartment units. There is a 3-bedroom + 1.5-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. This is a high-demand rental location within close proximity to the Van Nuys Courthouse, restaurants, shops, and Valley college. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LARD1.5

Rooms

Other Rooms Shed(s)

Dining Room 1

Interior

Heating Other

Cooling Other

Flooring Hardwood

Fireplaces Type None

Equipment Range/Oven, Refrigerator, Recirculated Exhaust Fan, Dryer, Dishwasher, Washer, Other, Freezer, Garbage Disposal

Laundry Inside

Exterior

Parking Features Driveway

Garage Spaces 5.0

Pool None

View Y/N Yes

View City, Other

Building

Story 1

Architectural Style A-Frame

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by KW Advisors

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agent

Chan Wathen

REALTOR ® | RE.NV Lic.# S.59111

+1(702) 461-7869

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5934 Murietta Ave