14041 Sherman Way, Van Nuys, CA 91405
  • MLS#: BB25080113 ( Mixed Use )
  • Street Address: 14041 Sherman Way
  • Viewed: 1
  • Price: $5,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 49
  • Additional Information
  • County: LOS ANGELES
  • City: Van Nuys
  • Zipcode: 91405
  • Provided by: JohnHart Real Estate
  • Contact: Tatevik Tatevik
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Unlock the potential of this prime commercial offering with RTI permits for an 82 unit affordable housing project. Situated on a 16542.70 square foot lot, the approved plans include 20 studio units and 62 one bedroom units, each ranging from 430 to 600 square feet. This layout is designed to maximize both functionality and affordability. The project also includes 23 parking spaces, providing convenience and added value for future residents. With all permits ready to go and a fully entitled design, this is a shovel ready opportunity for immediate development. An exceptional investment opportunity for developers, nonprofits, or housing authorities looking to bring a meaningful, income generating project to market.
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Features
Additional Parcels Description
  1. 2216002049
  2. 2216002035
Building Area Total
  1. 4510.00
Commoninterest
  1. None
Country
  1. US
Laundry Features
  1. None
Parcel Number
  1. 2216002050
Postalcodeplus4
  1. 2517
Property Type
  1. Mixed Use
Water Source
  1. Public
Year Built
  1. 1960