• Asking Price $1,150,000
  • Estimated Value: $1,309,697

  • 5934 MURIETTA AVE VAN NUYS, CA 91401

  • 3 Beds 1 Bath 1,097 SqFt
  • Single Family Home / Resale (MLS)
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Property Details for 5934 MURIETTA AVE, VAN NUYS, CA 91401

Features

  • Price/sqft: $1,048
  • Lot Size: 7015 sq. ft.
  • Total Units: 1
  • Total Rooms: 9
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Den, Dining Room, Living Room, Office
  • Stories: 1
  • Roof Type: GABLE
  • Heating: 6
  • Construction Type: Wood
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1948
  • Property ID: 898601404
  • MLS Number: 24-412013
  • Parcel Number: 2246-002-001
  • Property Type: Single Family Home
  • County: LOS ANGELES
  • Legal Description: TRACT # 11206 LOT/SEC 1
  • Zoning: LARD1.5
  • Listing Status: Active

Pre-Foreclosure Info

  • Date Defaulted Lien: 03/15/2022
  • Recording Date: 12/01/2008
  • Recording Year: 2008

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. We pleased to present the opportunity to acquire this rare 7,015 SF lot development opportunity located in the highly desirable Valley Glen neighborhood, and just about two blocks to the Van Nuys Transit station. The site offers a zoning ordinance of LARD-1.5, which makes the site an attractive opportunity for developers looking to capitalize on the demand for housing in the area and take advantage of the property's potential for long-term returns. The site is eligible to build up to thirty-five (35) affordable apartment units. There is a 3-bedroom + 1.5-bathroom single-family residence currently on the lot, which will be delivered 100% vacant. This is a high-demand rental location within close proximity to the Van Nuys Courthouse, restaurants, shops, and Valley college. The investment allows an investor to capitalize on a densely populated area that continues to experience rapid rent growth.

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Property Brokerage: Keller Williams Santa Monica 11812 San Vicente Blvd. Suite 100 Los Angeles CA 90405
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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