For Sale Lot / Land MLS# SR26216672

0 Archwood Street

Van Nuys, CA 91406

$4,300,000

california-regional-mls logo

About 0 Archwood Street

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. By leveraging a litany of land use entitlement options including SB1123, SB9, AB1751, etc. to execute various permutations of the "townhome" one can develop attractive for-sale or BTR product. Additionally, dense forms of deed restricted apartments leveraging state bonus density policy are possible. No trees, tenants, or structures exist on this rare flat corner site.

As one option to guide the market's expectation of yield, 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 Affordable Housing Incentive Program (AHIP) the project will be ministerially processed using Expanded Administrative Review.

Property details

Property

Type
land
Lot
1.17 ac
List date
Oct 5, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
Lake Balboa
Neighborhood
Lake Balboa

Location

Neighborhood
Lake Balboa
School district
Los Angeles Unified School District

Ask about this property

Questions on 0 Archwood Street, Van Nuys, CA 91406, or want to see it in person?

Listed by Francis Evanisko, Evanisko Realty & Investment

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.