CA > Van Nuys
Van Nuys, CA 91405,14041 Sherman Way
Van Nuys, CA 91405,14041 Sherman Way
Van Nuys, CA 91405,14041 Sherman Way
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Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Tatevik Damadyan • JohnHart Real Estate
$5,495,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB-25080113

Year Built 1960

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Interior

Laundry None

Building

Lot Description 0-1 Unit/Acre

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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