6901 Woodman Ave Van Nuys, CA 91405
Van Nuys AreaEstimated payment $9,426/month
About This Lot
We are proud to present 6901 Woodman Avenue, a 55-unit RTI (Ready-To-Issue) 100% affordable housing development located in Van Nuys within the Van NuysNorth Sherman Oaks Community Plan Area of the City of Los Angeles.The project is fully RTI, allowing a developer to immediately pull permits and commence construction without additional entitlement exposure. Leveraging the City of Los Angeles' Executive Directive No. 1 (ED1) ministerial approval pathway in combination with Transit Oriented Communities (TOC) incentives, the approved plans achieve a high-density five-story residential development optimized for affordable housing execution.The approved plans call for a five-story Type V-A wood-frame structure with zero on-site parking, maximizing unit efficiency while aligning with current City housing production priorities. The design reflects cost-effective construction fundamentals relative to podium or high-rise alternatives.The building has been engineered under the 2020 City of Los Angeles Building Code and California Title 24 standards, incorporating 3-hour rated structural assemblies, STC-rated separation walls, and full life-safety compliance including NFPA-13 fire sprinklers, standpipe systems, emergency power provisions, and Fire Department access requirements per Los Angeles Fire Code. The fully detailed plans provide construction clarity and reduce technical execution risk for incoming ownership.Unlike many corridor-heavy ED1 sites, 6901 Woodman Avenue is situated within an established residential neighborhood characterized by surrounding multifamily and low-density housing rather than heavy commercial or industrial uses. This residential setting enhances long-term livability, supports tenant stability, and limits direct large-scale development competition.The property is located approximately four blocks from the future Metro Light Rail station at Vanowen Street and Van Nuys Boulevard, part of the East San Fernando Valley Light Rail Transit Project. This planned fixed-rail infrastructure will significantly enhance long-term connectivity throughout the Valley and into the broader Metro system, positioning the site within a publicly funded growth corridor benefiting from sustained transit investment.With RTI status, strong transit fundamentals, and a residential neighborhood setting, 6901 Woodman Avenue represents a rare opportunity to deliver high-density affordable housing with immediate construction readiness in one of the San Fernando Valley's most supply-constrained rental corridors.
Property Details
Property Type
- Land
Lot Details
- 10,008 Sq Ft Lot
- Property is zoned LAR3
Listing and Financial Details
- Assessor Parcel Number 2216-025-013
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,183 | $1,147,500 | $688,500 | $459,000 |
| 2024 | $1,643 | $94,154 | $50,682 | $43,472 |
| 2023 | $1,621 | $92,309 | $49,689 | $42,620 |
| 2022 | $1,561 | $90,500 | $48,715 | $41,785 |
| 2021 | $1,525 | $88,726 | $47,760 | $40,966 |
| 2019 | $1,489 | $86,096 | $46,345 | $39,751 |
| 2018 | $1,420 | $84,409 | $45,437 | $38,972 |
| 2016 | $1,327 | $81,133 | $43,674 | $37,459 |
| 2015 | $1,313 | $79,915 | $43,018 | $36,897 |
| 2014 | $1,347 | $78,351 | $42,176 | $36,175 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $1,500,000 | +33.3% | -- | |
| 06/21/2024 06/21/24 | Sold | $1,125,000 | -2.9% | $361 / Sq Ft | View Prior Sale |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- | |
| 04/08/2024 04/08/24 | For Sale | $1,159,000 | -- | $371 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | $1,125,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $770,000 | New Conventional |
Source: The MLS
MLS Number: 26857399
APN: 2216-025-013
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