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$5,495,000
3 Days On Site
14041 Sherman WayVan Nuys, CA 91405
For Sale|Mixed Use|Active
0
Beds
0
Full Baths
0
Partial Baths
4,510
SqFt
$1,218
/SqFt
1960
Built
County:
Los Angeles
Listed by Tatevik Damadyan of JohnHart Real Estate tina.damadyan@gmail.com
Call Now: 951-501-1309
Is this the home for you? We can help make it yours.
951-501-1309



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Unlock the potential of this prime commercial offering with RTI permits for an 82 unit affordable housing project. Situated on a 16542.70 square foot lot, the approved plans include 20 studio units and 62 one bedroom units, each ranging from 430 to 600 square feet. This layout is designed to maximize both functionality and affordability. The project also includes 23 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development. An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income-generating project to market.
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Listing Snapshot
Price
$5,495,000
Days On Site
3 Days
Bedrooms
N/A
Inside Area (SqFt)
4,510 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3795 Acres
Year Built
1960
MLS® Number
BB25080113
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Other
Friends & Family
Recent Activity
4 days ago | Listing first seen on site | |
4 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.3795
Number Of Stories
1
Property Sub Type
Mixed Use
Special Circumstances
Standard
SqFt Total
4510
Water Source
Public
Interior Features
Laundry Features
None
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Community Features
MLS Area
VN - Van Nuys

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
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