6904 De Celis Pl - Residential LAND FOR SALE


Van Nuys, CA 91406- Lake Balboa42,188 SF
$4,250,000 USD
916-517-0235
6904 De Celis Pl, Van Nuys, CA for Sale
$4,250,000 USD
Residential LAND - FOR SALE
1/2
42,188 SF

6904 De Celis Pl
Van Nuys, CA 91406
Lake Balboa


HIGHLIGHTS

  • Three-parcel assemblage totaling approximately 42,188 square feet of contiguous, level land in the heart of Van Nuys.
  • By-right path allows up to 58 units with rezoning to RD1.5, RD2, RW2, or RZ2.5—no General Plan Amendment required.
  • Opportunity to increase potential density to 68 units with inclusion of an adjacent ±7,500-square-foot parcel.
  • Fully improved site with existing infrastructure in place, reducing development timelines and costs.
  • Centrally located with excellent connectivity to major Los Angeles employment centers, transit routes, and lifestyle amenities.

OVERVIEW

Presenting 6904, 6908, & 6912 De Celis Place, a unique multi-family development opportunity in Van Nuys consisting of four contiguous single-family lots totaling 42,188.7 sq. ft. Despite currently being zoned R1-1, the General Plan designates the property’s Land Use category as Low Medium II Residential, which allows the property to change its zoning to either RD1.5, RD2, RW2, or RZ2.5 without the need to obtain approval via a General Plan Amendment. By leveraging development density bonus provisions and other developer-friendly bills that have recently been passed, a builder can develop up to 58 1,500 sq. ft units on the site. The development site is centrally located in Van Nuys, one of the most densely populated areas in the San Fernando Valley. Home to landmarks such as the Van Nuys Airport and the Valley Municipal Building, Van Nuys has strong socio-economic indicators and above-average public schools, several parks, coffee shops, and restaurants, making it a compelling area for development.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/ACRE

$4,388,216/AC

PRICE/SF

$101 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

6904, 6908 and 6912 De Celis Pl

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

0.97 AC

LAND SF

42,188 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk

ZONING

LARD1.5

APN/PARCEL ID

2225-002-003,2225-002-019,2225-002-020

ASK ABOUT THIS PROPERTY

Christian EmersonThe Oppenheim GroupMore Info
916-517-0235

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Christian EmersonThe Oppenheim GroupMore Info
916-517-0235

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.