6904 De Celis Place, Van Nuys CA, 91406

Active

6904 De Celis Place

Van Nuys CA, 91406

$6,995,000

$140.78 per sqft

Active

1.14 Acres

Land

Listed by Omar Abaza with The Oppenheim Group, Inc. 310-564-6602

Presenting 6904-6910 De Celis Place, a unique multi-family development opportunity in Van Nuys consisting of four contiguous single-family lots totaling 49,688 sq. ft. Per Crest Real Estate report (available upon request), the General Plan designates the property's Land Use category as Low Medium II Residential, which allows the property to change its zoning to either RD1.5, RD2, RW2, or RZ2.5 without the need to obtain approval via a General Plan Amendment. A builder can develop 34 units by right and up to 68 1,500 sq. ft units on the site by leveraging development density bonus provisions. The development site is centrally located in Van Nuys, one of the most densely populated areas in the San Fernando Valley. Home to landmarks such as the Van Nuys Airport and the Valley Municipal Building, Van Nuys has strong socio-economic indicators and above-average public schools, several parks, coffee shops, and restaurants, making it a compelling area for development.

24468453

MLSⓇ ID

December 2, 2024

Listed

December 10, 2024

Updated

Map

6904 De Celis Place
Van Nuys CA, 91406

Exterior/Building Features

Lot Size: 1.14 Acres

Other Property Details

Area Name: LKBL - Lake Balboa
Days on Market: 8
Garage: No
Parking Total: 0
View: No
View Description: None
County: Los Angeles
Pool: No
Zoning: LARD1.5

Listing Contact: 310-990-6656

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/10/2024 at 5:42 PM UTC