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14237 Erwin St - Demolish and Build Tomorrow. RTI. 0.14 Acres of Residential Land Offered at $1,810,910 CAD in Van Nuys, CA 91401
Investment Highlights
- Demolish and Build Tomorrow
- Can rehab and rent the current 2 Bed/2.5 Home on-site now...if you want to develop at a later time.
- APPROVED PLANS AND PERMITS. RTI.
Executive Summary
Demolish and Build Tomorrow in Van Nuys.
APPROVED PLANS AND PERMITS. RTI.
Or...rent existing home and build later.
Shovel-Ready Deal
Strong Van Nuys location.
Several hundred feet from LAPD's Van Nuys Station and the LA Superior Court campus.
Lots of newer condo and townhome product on this block and surrounding.
Location gentrifying fast.
Approved plans and permits. RTI.
Build 8,000 sq. ft. on a 6,255 sq. ft. lot.
Four 4 Bed/4 Bath Townhome-Style Units + One 2 Bed/2 Bath ADU.
$225,000+/- Scheduled Gross Income.
Can rehab and rent the current 2 Bed/2.5 Home on-site now...if you want to develop at a later time.
EXCLUSIVELY LISTED AT $1,299,000
APPROVED PLANS AND PERMITS. RTI.
Or...rent existing home and build later.
Shovel-Ready Deal
Strong Van Nuys location.
Several hundred feet from LAPD's Van Nuys Station and the LA Superior Court campus.
Lots of newer condo and townhome product on this block and surrounding.
Location gentrifying fast.
Approved plans and permits. RTI.
Build 8,000 sq. ft. on a 6,255 sq. ft. lot.
Four 4 Bed/4 Bath Townhome-Style Units + One 2 Bed/2 Bath ADU.
$225,000+/- Scheduled Gross Income.
Can rehab and rent the current 2 Bed/2.5 Home on-site now...if you want to develop at a later time.
EXCLUSIVELY LISTED AT $1,299,000
Property Facts
| Price | $1,810,910 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $1,810,910 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.14 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $1,810,910 CAD | Lot Size | 0.14 AC |
| Price Per AC | $12,611,232.81 CAD |
| Price | $1,810,910 CAD |
| Price Per AC | $12,611,232.81 CAD |
| Lot Size | 0.14 AC |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
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14237 Erwin St - Demolish and Build Tomorrow. RTI.
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