$3,995,000 Price Analysis 6859 Hazeltine AveVan Nuys, CA 91405 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.66 acre lot. Listed 2024-06-21 | Ⓧ USDA Ineligible due to property near Los Angeles |
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 f 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 p rospects in the real estate market.
Presented by Filip Niculete at
Marcus & Millichap.
Property MLS #24-406899 from TheMLSCLAW
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.