NOT LISTED FOR SALE

13536 Vanowen St Van Nuys, CA 91405

0.3 Acres
-- Price per Acre
13,194 Sq Ft Lot

Last Sold April 05, 2019

Last sale price $1,000,000 $444 Per Sq Ft

3 Days on Market

Highlights

  • 0.3 Acre Lot
  • Private Yard
  • No HOA
  • Ulysses S. Grant Senior High School Rated A-

About This Lot

As of April 2019

ATTN BUILDERS! DEVELOPERS! RD 1.5 zoning, Massive lot over 13,000 sqft & HUGE frontage of 100 FEET! Build 8 units!
Situated in the desirable Valley Glen neighborhood with close proximity to public schools, shopping, Sherman Oaks, Valley College, and the 170, 405 & 101 Freeways - allowing residents easy access to the Valley & Los Angeles. Partnership is dissolving thus property is being sold. One partner has plans to build 8 unit premier development consisting of 8 BRAND NEW luxury Townhomes with 3 bedrooms, 3.5 baths, double attached garage at 1560 sqft each, survey is complete too, partner will turn those over to new buyer. Front photo is a rendering of the new project. Upon completion of development, you have two options, keep property for cash flow - Market Projected rents for each complete unit are $3000-$3200 per unit, thats a 5.5 CAP at $4 Million for a brand new development! Option 2: SMALL LOT DEVELOPMENT subdivision, once the property is built, sell each unit separately for approximately $600K-$625 each, sell out would be $4.8M! Current use is SFR, approximately 3350 sqft with 3 units, bringing in an income of approximately $4000 per month. This is the deal you have been looking for so don't delay! DRIVE BY ONLY, NO SIGN, DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Poupee Komenkul

Rodeo Realty License #01060862 Listed on: 03/10/2019

Rodeo Realty

Last Buyer's Agent

Poupee Komenkul

Rodeo Realty License #01060862 Listed on: 03/10/2019

Rodeo Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.3 Acre Lot
  • Private Yard
  • Back and Front Yard
  • Density is 6-10 Units/Acre
  • Property is zoned LARD1.5

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1336
  • Assessor Parcel Number 2329011006

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0.3 Acres

Listing Details

  • Current Use Comments: currently has single family residence, split in...
  • Improvements: current house is split into 3 units
  • Possible Use Comments: build 8 units by right. rd1.5 zoning
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LARD1.5
  • Property Type: Land
  • Parcel Number: 2329011006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 75.78

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 13196.00
  • Lot Size Acres: 0.3029

Multi Family

  • Lot Size Area: 13196.0000 Square Feet

Tax Info

  • Tax Census Tract: 1235.10
  • Tax Lot: 1
  • Tax Tract Number: 1336
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2019 04/05/19 Sold $1,000,000 -8.7% $444 / Sq Ft
03/13/2019 03/13/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $1,095,000 +160.7% $487 / Sq Ft
09/10/2013 09/10/13 Sold $420,000 +5.0% $187 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $400,000 -- $178 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,256 $3,251,259 $1,171,292 $2,079,967
2024 $14,256 $1,148,326 $1,148,326 --
2023 $13,982 $1,125,810 $1,125,810 $0
2022 $13,339 $1,103,736 $1,103,736 $0
2021 $13,192 $1,082,095 $1,082,095 $0
2019 $9,585 $763,653 $457,776 $305,877
2018 $9,476 $748,680 $448,800 $299,880
2016 $5,174 $393,501 $157,400 $236,101
2015 $5,104 $387,591 $155,036 $232,555
2014 $5,430 $380,000 $152,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19053511

California Regional Multiple Listing Service (CRMLS)

APN: 2329-011-006

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