7005 Woodley Avenue, Van Nuys, CA 91406

2 BD | 1 FULL BA | 1207 SQ/FT | MLS# 303005029

Offered at $1,325,000

Excellent development opportunity in the heart of Lake Balboa, California. This corner lot property is zoned R3-1 on approximately 11,316 SF (approximately .26 acres) lot. With current zoning, a developer can potentially build 14 units "By Right. " By taking advantage of Los Angeles' Density Bonus program, which allows more residential units with reduced parking requirements, up to 21 units can be potentially be built with no RSO, Ellis, or relocation issues. The existing 1,207 SF structure is a single-fa

LISTING PROVIDED BY

Lee Williams . Keller Williams Palos Verdes

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Properties on this website was last updated as recently as 5/17/21.