5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
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5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
5934 Murietta Ave
Under Contract

5934 Murietta Ave

5934 Murietta Ave, Van Nuys, CA 91401

$1,150,000
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.

3
beds

2
baths

1,097 Sq.Ft. LIVING AREA

7,017 Sq.Ft. lot

Davis Saadian

Davis Saadian

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms2
  • full bathroom1
  • half bathroom1
  • Laundry room Inside
  • Flooring Hardwood
  • Fireplace None
  • APPLIANCES Range/Oven, Refrigerator, Recirculated Exhaust Fan, Dryer, Dishwasher, Washer, Other, Freezer, Garbage Disposal

Area & Lot

  • Status Under Contract
  • Living Area1,097 Sq.Ft.
  • Lot Area7,017 Sq.Ft.
  • MLS® ID24-412013
  • TypeResidential
  • YEAR BUILT1948
  • Architecture StylesA-Frame
  • View DescriptionCity, Other

Exterior

  • STORIES1
  • PoolNone
  • parkingDriveway
  • HEAT TYPEOther
  • AIR CONDITIONINGOther

Financial

  • Sales Price$1,150,000
  • Zoning LARD1.5
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Schedule a Showing

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Thank you for your interest in 5934 Murietta Ave, Van Nuys, CA 91401. We are reviewing your request and will be in touch shortly!

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