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Archwood Street

Van Nuys, CA 91406
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SqFt50,824

Sqft(Lot)

This 1.18 acre flat corner site 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 + SB9 to dense forms of deed restricted apartments leveraging state bonus density policy. No tree, tenants, or structures exist on this rare flat corner site. By leveraging density bonus (with or without concurrent subdivision processing), a coveted BTR townhome product typology is feasible. Additionally, an architect versed in affordable housing has conducted a yield study affirming viability of a nearly 1:1 ratio grade-level parked (podium and surface) 132-unit type V apartment building with 132 comfortably sized units. Using the City’s Affor dable Housing Incentive Program (AHIP) the project will be ministerially processed using Expanded Administrative Review.

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Detail Ic Property Details

Property Type : Land

Price : $4,300,000

AD Id : 91680877

MLS Id : SR26216672

Lot Size : 50,824 Sq. Ft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 50824 Lot Size Acres: 1.1668 Lot Size Source: Assessor Lot Size Square Feet: 50,824 Lot Description: ZeroToOneUnitAcre,SixteenToTwentyUnitsAcre,ElevenToFifteenUnitsAcre,TwoToFiveUnitsAcre,TwentyOneToTwentyFiveUnitsAcre,TwentySixToThirtyUnitsAcre,ThirtySixToFortyUnitsAcre,ThirtyOneToThirtyFiveUnitsAcre,SixToTenUnitsAcre,LotOver40000Sqft,Level,Over40UnitsAcre,RectangularLot

  • Listing Price Information

    Listing Price: $4300000
    Cash, CashToNewLoan, Exchange1031

  • Tax Information

    Parcel Number: 2231007025 Tax Lot: C

  • Location Information

    Direction: west of 405 - Lake Balboa Neighborhood WaterSource: Public
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ByOwner last updated this listing 10/08/2026 @ 15:50

MLS: SR26216672 LISTED BY: Francis Evanisko, Evanisko Realty & Investment 818-985-9700 SOURCE: CRMLS

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