Consider the option to construct or establish a new nursery in Valley Glen, a highly sought-after area in Van Nuys for both multifamily and office developments. This presents an exceptional investment prospect for experienced investors and developers. The property is already set for development, boasting plans for a luxurious apartment complex consisting of 23 units spanning 31,150 square feet, along with an additional 1,200-square-foot ADU. The unit composition is diverse, featuring twenty 2-bedroom + 2-bathroom units and three 3-bedroom + 2-bathroom units, including two designated for low-income residents. Projections indicate an impressive annual gross income of $796,536. The lot, measuring 19,961 square feet, is zoned as R3 (16,817.33 square feet) and R1 (3,151.3 square feet). Market rental rates average $2.58 per square foot. Parking is ample, with a 14,566-square-foot area providing space for 36 vehicles. The average unit size is 1,132 square feet.
Hus för Köp i Los Angeles, USA
Los Angeles, 6948 N Woodman Ave
Hus • 1 rum • 4 säng. • 490.9 Kvadratmeter • ref.: 3yd-RFGCB-6PBVC2
35 835 520 SEK
Utrymmen
Rum1
Sovrum4
Ytor
Boende490.9 Kvadratmeter
Tomt1854.27 Kvadratmeter
6948 N Woodman Ave, Los Angeles
Coldwell Banker Realty
IDRFGCB
NameColdwell Banker