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15624 Vanowen Street, 
Van Nuys, CA 91406

$2,300,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Casey Picard

Keller Williams Realty

Last updated:

June 18, 2025, 01:57 PM

MLS#

P1-22597

Source:

SANDICOR

About This Home

15624 Vanowen Street

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.

Home Facts

Multi-Family

Price Summary

2,300,000

MLS #:

P1-22597

Last Updated:

June 18, 2025, 01:57 PM

Added:

14 day(s) ago


Lot

Lot Size (Sq. Ft):

20,650


Finances & Disclosures

Finances

Price:

$2,300,000

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