15624 Vanowen

Van Nuys, CA, 91406
For Sale $2,300,000
  • 0.47acre
This property in Van Nuys, California, presents a prime covered land opportunity featuring an existing eight-unit apartment complex situated on a +/-20,650 square foot lot, with a total rental unit space of +/-6,870 square feet. Currently, there are four vacant units that upon lease up will be generating a monthly income of $16,708, the property includes two single-family homes alongside the six-unit apartment complex that have been outfitted with all copper plumbing and newer roofs. For developers, the site offers unlimited density for affordable housing projects, allowing for flexible unit design and the potential to build up to 39 units under transit oriented community guidelines. Conveniently located adjacent to the 405 Freeway, with easy access to Highway 101 and Lake Balboa Park, this location provides excellent connectivity and development potential.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Casey Picard with Keller Williams Realty
(626) 204-3300
15624 Vanowen is a Residential Income property located in Van Nuys, California, featuring a 0.474 acre lot, MLS #P1-22597.

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Data last modified: 2025-07-21 19:30:51