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Investment Highlights

  • ? Development with plans and permits RTI– 54 residential units + retail space
  • ? Strong Investment Poten
  • ?
  • ? Prime Location – Near transit, shopping, and major employers
  • ? Oppurtunity Zone

Executive Summary

Development Potential – 54 residential units + retail space
Prime Location – Near transit, shopping, and major employers
Strong Investment Potential – High demand for housing in the area
Opportunity Zone – Potential tax incentives for investors
Modern Amenities – Rooftop deck & secured parking
Seller will also entertain a ground lease

Property Facts

Price $3,495,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
Total Lot Size 0.42 AC
Opportunity Zone Yes
Zoning C2-1VL - Commercial C2-1VL Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

1 Lot Available

Lot

Price $3,495,000
Price Per AC $8,386,161.75
Lot Size 0.42 AC

located along one of the Westside’s most dynamic urban corridors. Spanning 4,400 square feet on an 11,000-square-foot lot, this highly visible property combines functionality and flexibility, making it ideal for creative office, boutique retails.

Description

7541 Sepulveda Blvd, Van Nuys, CA Excellent opportunity to develop a 4-story, 54-unit mixed-use project in the heart of Van Nuys, CA. The proposed plans include 36,428 SF of gross building area with a diverse unit mix, ground-floor retail space, a rooftop deck, and parking for 74 vehicles. Strategically located in a rapidly growing area, this property offers strong rental income potential and long-term appreciation. It is near the Metro, bus stations, Van Nuys Airport, and a variety of retail, dining, and entertainment options. Additionally, the site is located in an Opportunity Zone and may qualify for an ED1 project, presenting potential tax advantages for investors. Key Highlights: Development Potential – 54 residential units + retail space Prime Location – Near transit, shopping, and major employers Strong Investment Potential – High demand for housing in the area Opportunity Zone – Potential tax incentives for investors Modern Amenities – Rooftop deck & secured parking A rare chance to invest in a high-growth market. Contact us today for more details!

Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2222-014-067
Land Assessment
$874,915
Improvements Assessment
$0
Total Assessment
$874,915
  • Listing ID: 34780207

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: 7541 Sepulveda Blvd, Van Nuys, CA 91405

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