Price Reduced Listing
6059 Woodman Avenue,Van Nuys, CA 91401
Van Nuys, CA 91401
Description
RTI APPROVED PLANS | SHOVEL-READY DEVELOPMENT OPPORTUNITY | 4 TOWNHOME-STYLE UNITS + ADU | APPROX. 7,470 SF OF PROPOSED ZONING FLOOR AREA | 8 PARKING SPACES Exceptional opportunity for builders, developers, and investors to acquire a shovel-ready multifamily development site in the heart of Valley Glen, with fully approved, Ready-to-Issue (RTI) architectural and structural plans. Skip the lengthy design and entitlement process and move directly toward construction. Situated on a prime corner lot at Woodman Avenue and Bessemer Street, this approximately 5,912-square-foot, flat RD1.5-zoned parcel comes with plans for two three-story buildings featuring four townhome-style residences plus a ground-floor ADU, totaling approximately 7,470 square feet of proposed zoning floor area. The thoughtfully designed project includes eight parking spaces with convenient rear-alley access, maximizing functionality and street appeal. Ideally positioned for a developer seeking a build-and-sell opportunity or an investor looking to establish a long-term rental portfolio, the property benefits from strong connectivity and proximity to major employment, education, and transportation hubs. Just a short distance to the Woodman/Valley Glen Metro G Line station, with convenient connections to North Hollywood and the Metro B Line. Minutes from Los Angeles Valley College, the Van Nuys Civic Center, neighborhood parks, shopping, dining, and the 101, 405, and 170 freeways. With RTI plans in place, a desirable unit configuration, and an accessible central Valley location, this is a rare opportunity to bring a five-unit residential development to market without starting the approval process from scratch. Full architectural and structural plans available upon request. Buyer to independently verify all plans, approvals, permit status, square footage, zoning, and development details with the City of Los Angeles.
Details
| MLS # | SR26234041 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1955 |
| Days On Site | 13 |
| Listing Provided By | The Agency | George Ouzounian |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,906 |
| Garage | 2 |
| Pool | Yes |
| Story(s) | 1 |
| Units | 1 |
| Zoning | RD1.5 |
| Acreage | 0.14 |
| Property View | None |
Interior
| Cooling | None |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Bedroom On Main Level |
| Fireplace Yes / No | Yes |
Exterior
| Lot Features | Zero To One Unit Acre, Corner Lot, Near Park, Walkstreet, Yard |
|---|
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Door Single, Garage |
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Biking, Hiking, Street Lights, Sidewalks, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91401 |
| Area | VN Van Nuys |
| Listing VS Median (in 91401) | |
Price: $1,150,000 low | high Med: $699,000 sqft: 1,906 low | high Med: 1,228 $ / sqft: $603 low | high Med: $569 On site: 13 low | high Med: 28 | |
Market Activity 91401
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Van Nuys |
| Zip Code | 91401 |
| Area | VN Van Nuys |
| Listing VS Median (in 91401) | |
Price: $1,150,000 low | high Med: $699,000 sqft: 1,906 low | high Med: 1,228 $ / sqft: $603 low | high Med: $569 On site: 13 low | high Med: 28 | |
