Prime development opportunity adjacent to Valley Village. Situated on a 7,015 SF [Q]RD1.5-1 zoned lot, this site offers a 53-foot frontage on a quiet cul-de-sac street, presenting an ideal footprint for residential infill development and rental demand.
The property is SB8 exempt and approved by the Los Angeles Housing Department (LAHD), offering a smoother path to permiting/entitlement. A range of development options may be available through by-right projects or state and local density bonus programs, making it attractive to both market-rate and affordable housing developers.
The existing 3-bedroom, 2-bathroom single-family home spans approximately 1,097 SF. Located just two blocks from the Van Nuys Transit Station and within close proximity to Valley College, this site sits in a high-demand rental corridor with strong rent performance, limited new supply, and long-term neighborhood growth potential. A rare opportunity in a well-established, supply-constrained pocket of the San Fernando Valley.
The property is SB8 exempt and approved by the Los Angeles Housing Department (LAHD), offering a smoother path to permiting/entitlement. A range of development options may be available through by-right projects or state and local density bonus programs, making it attractive to both market-rate and affordable housing developers.
The existing 3-bedroom, 2-bathroom single-family home spans approximately 1,097 SF. Located just two blocks from the Van Nuys Transit Station and within close proximity to Valley College, this site sits in a high-demand rental corridor with strong rent performance, limited new supply, and long-term neighborhood growth potential. A rare opportunity in a well-established, supply-constrained pocket of the San Fernando Valley.
Property Details
Price:
$1,285,000
MLS #:
SR25217840
Status:
A
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
vn
Listed Date:
Sep 15, 2025
Finished Sq Ft:
1,097
Lot Size:
7,015 sqft / 0.16 acres (approx)
Year Built:
1948
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
2 Full Bathrooms
Cooling
CA
Laundry Features
NO
Exterior
Community Features
SUB, URB
Parking Spots
2
Financial
Map
Community
- AddressMURIETTA AV Lot 00 Van Nuys CA
- CityVan Nuys
- CountyLA
- Zip Code91401
Subdivisions in Van Nuys
Market Summary
Current real estate data for Single Family in Van Nuys as of Oct 30, 2025
169
Single Family Listed
36
Avg DOM
323
Avg $ / SqFt
$617,565
Avg List Price
Property Summary
- MURIETTA AV Lot 00 Van Nuys CA is a Single Family for sale in Van Nuys, CA, 91401. It is listed for $1,285,000 and features 3 beds, 2 baths, and has approximately 1,097 square feet of living space, and was originally constructed in 1948. The current price per square foot is $1,171. The average price per square foot for Single Family listings in Van Nuys is $323. The average listing price for Single Family in Van Nuys is $617,565.
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