6311 Hazeltine Avenue, Van Nuys, CA 91401

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 6311 Hazeltine Avenue
City Van Nuys
State CA
Zip 91401
County Los Angeles
Listing Agent Kaela Whelan DRE #01965737
Courtesy Of Compass
List Price $1,049,000
Status Active
Type Land
Structure Size N/A
Lot Size 10,604

Listing information courtesy of: Kaela Whelan, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 8th, 2024 at 4:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.