We are excited to present 6859 Hazeltine Ave in Van Nuys, CA. This Shovel Ready development, located in an Opportunity Zone, offers an opportunity to build an 18-unit single-family dwelling small lot subdivision. The total lot area is 28,600 square feet (0.66 acres), providing enough space for the construction of eighteen 3-bedroom, 2-bathroom homes. The property’s layout offers a well-balanced mix of residential units, making it appealing to a diverse range of potential occupants or buyers. This makes it an attractive prospect 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.Additionally, the property’s location enhances its investment appeal. Van Nuys, located in the San Fernando Valley, offers convenient access to major transportation routes and essential amenities. Its central position within the region ensures that the residents have easy access to employment centers, educational institutions, retail hubs, and recreational facilities. The area’s ongoing development initiatives and proximity to key destinations highlight its desirability for both residents and investors. Overall, the property at 6859 Hazeltine Ave represents a promising investment opportunity in a prime location with favorable growth prospects in the real estate market.
Property Details
Price:
$3,995,000
MLS #:
24406899
Status:
Active
Baths:
0
Address:
6859 Hazeltine Avenue 2217014010
Type:
Land
City:
Van Nuys
Listed Date:
Jun 21, 2024
State:
CA
ZIP:
91405
Lot Size:
28,600 sqft / 0.66 acres (approx)
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- Address6859 Hazeltine Avenue 2217014010 Van Nuys CA
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
6859 Hazeltine Avenue 2217014010
Van Nuys, CA
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