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7315 Woodley Ave - 7315 Woodley Avenue 0.15 Acres of Commercial Land Offered at $795,000 in Van Nuys, CA 91406
Executive Summary
INVESTOR / DEVELOPER OPPORTUNITY! Rare R3-1 zoned property in a prime Van Nuys location featuring a charming Spanish-style 2 bedroom, 1 bathroom bungalow with detached garage and additional storage structure. Property offers excellent potential for redevelopment, expansion, or long-term investment. Existing home features an updated bathroom and newer electrical panel, making it ideal to hold as a rental while planning future development.
Per seller’s understanding and preliminary information, property may allow for By-Right development of up to 8 units plus 2 detached ADUs and 1 attached ADU. Buyer to independently verify all development potential, zoning, density, ADU guidelines, permits, and usage with the City of Los Angeles Planning and Building Departments.
Approximate lot dimensions are 54’ x 120’. Property is connected to water, gas, electricity, sewer, paved streets, curbs, and sidewalks.
Conveniently located near the 405 Freeway, Van Nuys Airport, FlyAway Bus Terminal, USPS, shopping, dining, and major employment centers. Excellent opportunity for builders, investors, or buyers looking for future upside in a high-demand rental market.
Per seller’s understanding and preliminary information, property may allow for By-Right development of up to 8 units plus 2 detached ADUs and 1 attached ADU. Buyer to independently verify all development potential, zoning, density, ADU guidelines, permits, and usage with the City of Los Angeles Planning and Building Departments.
Approximate lot dimensions are 54’ x 120’. Property is connected to water, gas, electricity, sewer, paved streets, curbs, and sidewalks.
Conveniently located near the 405 Freeway, Van Nuys Airport, FlyAway Bus Terminal, USPS, shopping, dining, and major employment centers. Excellent opportunity for builders, investors, or buyers looking for future upside in a high-demand rental market.
Property Facts
| Price | $795,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | Redevelopment Project | Total Lot Size | 0.15 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | LAR3 | ||
| Price | $795,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
1 Lot Available
Lot 131
| Price | $795,000 | Lot Size | 0.15 AC |
| Price Per AC | $5,345,004.94 |
| Price | $795,000 |
| Price Per AC | $5,345,004.94 |
| Lot Size | 0.15 AC |
6479 square foot lot, has a house on it, garage and storage.
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2205-026-003 | Improvements Assessment | $20,525 |
| Land Assessment | $44,791 | Total Assessment | $65,316 |
Property Taxes
Parcel Number
2205-026-003
Land Assessment
$44,791
Improvements Assessment
$20,525
Total Assessment
$65,316
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7315 Woodley Ave - 7315 Woodley Avenue
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