NOT LISTED FOR SALE

7354 Woodman Ave van Nuys, CA 91405

0.42 Acres
-- Price per Acre
18,248 Sq Ft Lot

Sale Details

Date Sold: November 8, 2016

Last sale price $6,400,000

116 Days on Market

About This Lot

As of November 2016

Attention Builders! This site is RTI for an 86 unit three-story apartment building site over one level of on-grade parking! The lot is over 50,000 square feet of R3-1 zoned land and fronts on three different streets! The property is currently vacant with approved building plans and will be delivered RTI building permits and is ready to start construction immediately! It has a great unit mix of one, two and three bedrooms in a nice courtyard setting. There is a construction loan in place for a qualified buyer! The building amenities include a pool, spa, gym, recreation room and common areas! Property is located in the city of Van Nuys on a nice tree lined street surrounded by apartment buildings and single family residences down the side streets!. 86 UNITS READY TO BUILD!!!

Last Agent to Sell the Property

Dan Drantch

Rodeo Realty License #00900188 Listed on: 06/03/2016

Rodeo Realty

Last Buyer's Agent

Jason Chen

Pinnacle Real Estate Group License #01846238

Pinnacle Real Estate Group

Property Details

Property Type

  • Land

Lot Details

  • 18,248 Sq Ft Lot
  • Chain Link Fence
  • Value in Land
  • Property is zoned R3-1

Utilities

  • Phone Available

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 1081
  • Assessor Parcel Number 2328002092

Community Details

Overview

  • No Home Owners Association

Recreation

  • Rain Gutters

Property Details

Property Type

Land

Lot Details

0.42 Acres

Listing Details

  • Current Use Comments: vacant land
  • Possible Use Comments: 86 UNIT APARTMENT SITE READY TO BUILD
  • Survey: Survey Done
  • View: No
  • Zoning: R3-1
  • Property Type: Land
  • Parcel Number: 2328002092
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 350.72

Exterior Features

  • Fencing: Chain Link

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 18248.00
  • Price Per Lot Square Foot: 361.68

Tax Info

  • Tax Lot: 78
  • Tax Tract Number: 1081
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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
11/08/2016 11/08/16 Sold $6,400,000 -5.2% --
09/27/2016 09/27/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $6,750,000 -- --
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 $420,513 $34,816,871 $7,427,748 $27,389,123
2024 $420,513 $34,134,188 $7,282,106 $26,852,082
2023 $412,280 $33,464,891 $7,139,320 $26,325,571
2022 $392,993 $32,808,718 $6,999,334 $25,809,384
2021 $387,899 $32,165,411 $6,862,093 $25,303,318
2020 $391,836 $31,835,595 $6,791,731 $25,043,864
2019 $58,798 $26,391,760 $6,658,560 $19,733,200
2018 $119,413 $9,938,000 $6,528,000 $3,410,000
2016 $63,834 $5,310,000 $5,310,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16070370

California Regional Multiple Listing Service (CRMLS)

APN: 2328-002-094

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