About this home

Exceptional Development Opportunity in Van Nuys!Rare opportunity to acquire a 14,546 sq. ft. LARD1.5-zoned lot in a desirable Van Nuys location. The property currently features a vacant 1,113 sq. ft. single-family home, offering immediate access for inspection and planning. This large lot presents outstanding development potential. Based on preliminary analysis, the site may accommodate approximately nine residential units or more, subject to applicable zoning regulations and city approvals. Buyers are strongly encouraged to conduct their own due diligence and verify all development potential, density, unit count, and project feasibility with a licensed architect, land-use consultant, and the City Planning Department. Conveniently located with easy access to the 405 and 101 Freeways, this property is close to shopping, dining, schools, parks, and major employment centers, making it an attractive opportunity for developers, builders, investors, or those looking to capitalize on one of the San Fernando Valley's growing residential markets. Apartment building Picture in MLS is designed by AI. Don't miss this exceptional chance to develop in a sought-after Van Nuys neighborhood with tremendous upside potential!

Facts and features

Schools

• Bassett Street Elementary School

  elementary · K-5 · 0.4 mi

  4

• William Mulholland Middle School

  middle · 6-8 · 1.7 mi

  6

• St. Joseph's Academy

  elementary · 1-12 · 0.2 mi

• Van Nuys Senior High School

  high · 9-12 · 1.2 mi

  8

• Grace Christian Academy

  elementary · 1-12 · 0.5 mi

• The Help Group's North Hills Preparatory School

  elementary · 4-12 · 0.5 mi

Price history

• Oct 29, 2026 · Listed$1,025,000
• Oct 29, 2026 · Listed$1,025,000
• Oct 27, 2026 · Listing Removed—
• Oct 27, 2026 · Listing Removed—
• Oct 26, 2026 · Price Changed$1,049,000
• Oct 26, 2026 · Price Changed$1,049,000
• Oct 21, 2026 · Price Changed$1,050,000
• Oct 21, 2026 · Price Changed$1,050,000

Tax history

• 2025$2,832 tax · $207,145 assessed
• 2024$2,796 tax · $203,084 assessed
• 2023$2,748 tax · $195,200 assessed
• 2022$2,632 tax · $191,373 assessed
• 2021$2,598 tax · $187,621 assessed
• 2020$2,619 tax · $185,698 assessed
• 2019$2,542 tax · $182,058 assessed
• 2018$2,463 tax · $178,489 assessed

Home value

$1,236,300

• Cotality$1,236,300
• Collateral Analytics$1,286,000
• Quantarium$992,979

Where it is