$1,495,000

Estimated payment $8,651/month

Total Views 1,479
3 Beds
2 Baths
1,166 Sq Ft
$1,282 Price per Sq Ft

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Van Nuys High School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

Prime Development Opportunity – Plans for 24 Units Nearly RTI!
Unlock the potential of this exceptional development site with LAR3 zoning and approved plans in progress to build a 5-story, 24-unit apartment building under Type V-B construction. This project is nearly RTI (Ready to Issue)—a rare and strategic opportunity for immediate equity growth.
Each unit is thoughtfully designed as a 1-bedroom, 1-bathroom with private balconies and trash chutes on every floor, aligning with affordable housing initiatives. With no parking requirements, the project maximizes building efficiency and profitability.
As an added value, city approval has already been granted to modify the plans and increase the unit count from 24 to 30 units, allowing even greater upside potential. (Note: Units would be slightly smaller.)
Located in a prime, high-demand area, this offering is perfect for savvy developers looking to break ground with minimal delay.
Don’t miss out on this rare opportunity—contact us today for more details and to schedule a property tour!
Buyer to independently verify all information.

Listing Agent

Shira Dunn

Keller Williams Luxury Brokerage Phone: 424-653-0560 License #02100807 Listed on: 06/30/2025

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,058

Year Built

  • Built in 1925

Lot Details

  • 6,502 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Parking

  • 1 Car Garage

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / H
  • Tax Tract Number 1200
  • Assessor Parcel Number 2236021017
  • $230 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,058

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2236021017
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1166.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1282.16
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6502.00
  • Lot Size Acres: 0.1493

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6502.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: H
  • Tax Census Tract: 1278.06
  • Tax Lot: 16
  • Tax Tract Number: 1200
  • TaxOtherAnnualAssessmentAmount: 230.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,058 $867,000 $733,278 $133,722
2024 $6,058 $485,847 $291,281 $194,566
2023 $5,943 $476,321 $285,570 $190,751
2022 $5,667 $466,982 $279,971 $187,011
2021 $5,596 $457,827 $274,482 $183,345
2019 $3,058 $242,302 $127,277 $115,025
2018 $2,997 $237,552 $124,782 $112,770
2016 $4,837 $394,537 $258,883 $135,654
2015 $4,767 $388,612 $254,995 $133,617
2014 $4,789 $220,496 $115,823 $104,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $1,495,000 0.0% $1,282 / Sq Ft
07/16/2024 07/16/24 Rented $3,450 0.0% --
07/11/2024 07/11/24 Under Contract -- -- --
07/02/2024 07/02/24 Price Changed $3,450 -10.4% $3 / Sq Ft
06/20/2024 06/20/24 For Rent $3,850 0.0% --
05/20/2024 05/20/24 Sold $850,000 +8.3% $729 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $785,000 +38192.7% $673 / Sq Ft
02/08/2013 02/08/13 Sold $2,050 0.0% $2 / Sq Ft
02/08/2013 02/08/13 Rented $2,050 0.0% --
02/08/2013 02/08/13 Under Contract -- -- --
01/09/2013 01/09/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $2,050 0.0% $2 / Sq Ft
01/01/2013 01/01/13 For Rent $2,050 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Fidelity National Title
Grant Deed -- None Available
Grant Deed $219,500 Fidelity Title
Trustee Deed $205,446 Landsafe Default Inc
Interfamily Deed Transfer -- Security Union Title
Interfamily Deed Transfer -- Old Republic Title Company
Individual Deed $225,000 Chicago Title Co
Grant Deed $158,000 Stewart Title
Individual Deed $92,500 Stewart Title
Contract Of Sale $88,000 --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,000 New Conventional
Closed $680,000 Construction
Previous Owner $130,038,300 Loan Amount Between One & Nine Billion
Previous Owner $47,500 Credit Line Revolving
Previous Owner $380,000 Negative Amortization
Previous Owner $316,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $213,750 No Value Available
Previous Owner $150,100 No Value Available
Previous Owner $275,000 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25146607

California Regional Multiple Listing Service (CRMLS)

APN: 2236-021-017