Asking Price: $15,950,000 | ​​​​​​​

We are 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. The flat site boasts frontage on three streets, will not require residential 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. Low Residential General Plan in its entirety, which, in Reseda – West Van Nuys Community Plan area possesses an RD5 Corresponding Zone.