Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

16600 Vanowen St - Balboa Courts Development Site 4.32 Acres of Residential Land Offered at $21,802,693 CAD in Van Nuys, CA 91406

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Executive Summary

The flat site boasts frontage on three streets, will not require tenant displacements, and is walking distance to one of Los Angeles’ largest recreation amenities; Sepulveda Basin. The development of multiple residential product typologies are possible on the site from traditional single family to dense forms of deed restricted apartments leveraging state bonus density policy. A CUP was approved on 10/22/25 for public charter school on APNs 016 and 008.

16600 Vanowen - Balboa Courts Site Brochure

Property Facts

Price	$21,802,693 CAD	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Community Centre Hold For Development Hold For Investment
Sale Conditions	1031 Exchange Redevelopment Project	Total Lot Size	4.32 AC
No. Lots	1	No. Stories	1
Property Type	Land
Zoning	R1-1 RIO - RD5 Highest Conforming Zone.

Price	$21,802,693 CAD
Sale Type	Investment
Sale Conditions	1031 Exchange Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Mixed Use Multifamily Apartment Units Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Community Centre Hold For Development Hold For Investment
Total Lot Size	4.32 AC
No. Stories	1
Zoning	R1-1 RIO - RD5 Highest Conforming Zone.

1 Lot Available

Lot 691

Price	$21,802,693 CAD	Lot Size	4.32 AC
Price Per AC	$5,046,919.76 CAD

Price	$21,802,693 CAD
Price Per AC	$5,046,919.76 CAD
Lot Size	4.32 AC

Evanisko Realty & Investment, Inc. is pleased to present the opportunity to acquire fee simple interest in 4.32 acres at 16600 Vanowen St. in the Lake Balboa neighborhood of the City of Los Angeles.

Description

Leverage Density Bonus to produce deed restricted housing Yield Potential: Over 600 units assuming four stories over garage and an average unit size of approx. 650 SF. We’d probably envision something more like 400. Planning Mechanisms Required: State Density Bonus. AB1763 – Site qualifies for unlimited density assuming 100% affordable as it falls with in Gov. Code §65915(o) Transit Rich Area which includes being within ½ mile of a High-Quality Transit Corridor (according to Zimas).

Property Taxes

Parcel Numbers	Multiple 2231-007-017 2231-007-016 2231-007-008	Improvements Assessment	$443,714 CAD
Land Assessment	$19,324,370 CAD	Total Assessment	$19,768,084 CAD

Property Taxes

Parcel Numbers

Multiple

2231-007-017
2231-007-016
2231-007-008

Land Assessment

$19,324,370 CAD

Improvements Assessment

$443,714 CAD

Total Assessment

$19,768,084 CAD

(213) 200-6957

Contact

Frank Evanisko
Evanisko Realty & Investment, Inc.

Listing ID: 39322000
Date on Market: 2026-02-04
Last Updated:
Address: 16600 Vanowen St, Van Nuys, CA 91406

1 of 3

Videos

Matterport 3D Exterior

Matterport 3D Tour

Photos

Street View Street

Map

16600 Vanowen St, Van Nuys, CA for sale Primary Photo- Image 1 of 3 — Balboa Courts Site Pic

16600 Vanowen St, Van Nuys, CA for sale Building Photo- Image 2 of 3 — Plat Map

1 of 1

Share This Listing

Still interested?