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Multi-Family

6330 Woodman Ave

6330 Woodman Ave, Los Angeles, CA 91401

Listing Price: $2,700,000

Lot Size
0.39 acres
Price/Acre
$6,917,946
Land Type
Land
Buildable Square Feet
63,753

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a +/-17,001 SF residential development site zoned [Q]C1.5-1VL in a Tier 3 TOC on Woodman Ave in Van Nuys, CA. The lot is located on a heavy trafficked thoroughfare in Van Nuys with an average of 24,000 daily traffic count with over 115 feet of frontage on Woodman Ave. The current use is a preschool and the tenant requires a two-year leaseback. Located in the Central Valley, 6330 Woodman Ave is within 25 minutes of downtown Burbank and the Warner Center. The subject property has a walk score of 82 and is walking distance to the metro gold line and in close proximity to the 405, 101 and 170 freeways.

Investment Highlights

  • 7,001 SF gross land area in the prime Valley Glen neighborhood of Van Nuys
  • Unique opportunity to acquire a significantly sized residential development opportunity zoned {Q}C1.5-1VL in a Tier 3 TOC at a low $159 PSF
  • Over 115 feet of frontage on Woodman Ave, a heavily trafficked thoroughfare in Van Nuys with an average of 24,000 daily traffic count
  • Current use is a preschool and the tenant requires a two-year leaseback
  • A high walk score of 82; and near Los Angeles Valley College, the Van Nuys Courthouse, NoHo West, Valley Medical Center, Westfield Fashion Square
  • Highly visible location on the main thoroughfare of Woodman Avenue, just south of Victory Boulevard, between Hazeltine Ave & Fulton Ave
  • A central valley location within 25 minutes of Downtown Burbank and The Warner Center Walking distance

Exclusively Listed By

Financing By

Multi-Family

6330 Woodman Ave

Listing Price: $2,700,000

Lot Size
0.39 acres
Price/Acre
$6,917,946
Land Type
Land
Buildable Square Feet
63,753

Investment Highlights

  • 7,001 SF gross land area in the prime Valley Glen neighborhood of Van Nuys
  • Unique opportunity to acquire a significantly sized residential development opportunity zoned {Q}C1.5-1VL in a Tier 3 TOC at a low $159 PSF
  • Over 115 feet of frontage on Woodman Ave, a heavily trafficked thoroughfare in Van Nuys with an average of 24,000 daily traffic count
  • Current use is a preschool and the tenant requires a two-year leaseback
  • A high walk score of 82; and near Los Angeles Valley College, the Van Nuys Courthouse, NoHo West, Valley Medical Center, Westfield Fashion Square
  • Highly visible location on the main thoroughfare of Woodman Avenue, just south of Victory Boulevard, between Hazeltine Ave & Fulton Ave
  • A central valley location within 25 minutes of Downtown Burbank and The Warner Center Walking distance

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a +/-17,001 SF residential development site zoned [Q]C1.5-1VL in a Tier 3 TOC on Woodman Ave in Van Nuys, CA. The lot is located on a heavy trafficked thoroughfare in Van Nuys with an average of 24,000 daily traffic count with over 115 feet of frontage on Woodman Ave. The current use is a preschool and the tenant requires a two-year leaseback. Located in the Central Valley, 6330 Woodman Ave is within 25 minutes of downtown Burbank and the Warner Center. The subject property has a walk score of 82 and is walking distance to the metro gold line and in close proximity to the 405, 101 and 170 freeways.

Exclusively Listed By

Financing By

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