5,911 Sqft Lot
5,911 Sqft Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26232669
HOA Y/N No
Lot Size 5,911 Sqft
Property Description
Exceptional opportunity for builders, developers, and investors to acquire a shovel-ready multifamily development site in the heart of Valley Glen, with fully approved, Ready-to-Issue (RTI) architectural and structural plans. Skip the lengthy design and entitlement process and move directly toward construction.
Situated on a prime corner lot at Woodman Avenue and Bessemer Street, this approximately 5,912-square-foot, flat RD1.5-zoned parcel comes with plans for two three-story buildings featuring four townhome-style residences plus a ground-floor ADU, totaling approximately 7,470 square feet of proposed zoning floor area. The thoughtfully designed project includes eight parking spaces with convenient rear-alley access, maximizing functionality and street appeal.
Ideally positioned for a developer seeking a build-and-sell opportunity or an investor looking to establish a long-term rental portfolio, the property benefits from strong connectivity and proximity to major employment, education, and transportation hubs. Just a short distance to the Woodman/Valley Glen Metro G Line station, with convenient connections to North Hollywood and the Metro B Line. Minutes from Los Angeles Valley College, the Van Nuys Civic Center, neighborhood parks, shopping, dining, and the 101, 405, and 170 freeways.
With RTI plans in place, a desirable unit configuration, and an accessible central Valley location, this is a rare opportunity to bring a five-unit residential development to market without starting the approval process from scratch. Full architectural and structural plans available upon request. Buyer to independently verify all plans, approvals, permit status, square footage, zoning, and development details with the City of Los Angeles.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning RD1.5
Interior
Fireplace No
Exterior
Community Features Biking, Hiking, Street Lights, Sidewalks, Park
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, Corner Lot, Near Park, Walkstreet, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2239024001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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