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6948 N Woodman Ave, Van Nuys, CA 91405
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6948 N Woodman Ave Van Nuys, CA 91405

$3,295,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$3,295,000 Get Pre-Qualified
Map preview of 6948 N Woodman Ave, Van Nuys, CA 91405

Property Overview: 6948 N Woodman Ave Van Nuys, CA has -- bedrooms, -- bathrooms, -- living square feet and 19,961 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Consider the option to construct or establish a new nursery in Valley Glen, a highly sought-after area in Van Nuys for both multifamily and office developments. This presents an exceptional investment prospect for experienced investors and developers. The property is already set for development, boasting plans for a luxurious apartment complex consisting of 23 units spanning 31,150 square feet, along with an additional 1,200-square-foot ADU. The unit composition is diverse, featuring twenty 2-bedroom + 2-bathroom units and three 3-bedroom + 2-bathroom units, including two designated for low-income residents. Projections indicate an impressive annual gross income of $796,536. The lot, measuring 19,961 square feet, is zoned as R3 (16,817.33 square feet) and R1 (3,151.3 square feet). Market rental rates average $2.58 per square foot. Parking is ample, with a 14,566-square-foot area providing space for 36 vehicles. The average unit size is 1,132 square feet.

Listed by Elham Khani | BRE #01989596 | Coldwell Banker Realty
Co-listed by Lily Laadan Vosough | BRE #02029432 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: May 4th, 2024 | Source CRMLS | DOM: 20
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Home details

Lot Sq. Ft
19,961
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24384985
City
Van Nuys
County
Los Angeles
Time on Site
23 days

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Property Details for 6948 N Woodman Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Parcel Number: 2328010025
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: EAST ON WOODMAN, NORTH OF VANOWEN, SOUTH OF SHERMAN WAY
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Sale History for 6948 N Woodman Ave

View property's historical transactions

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 24384985

    $3,295,000

    Price

Tax History for 6948 N Woodman Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

6948 N Woodman Ave is listed 274.86% higher than the median list price for the city of Van Nuys which has a median list price of $879,000.

About 6948 N Woodman Ave

Detailed summary of property

6948 N Woodman Ave is a land located in Van Nuys, CA 91405 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 19,961 square foot lot. 6948 N Woodman Ave was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $3,295,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 274.86% higher than the median priced home. Local competing homes currently for sale include 12028 Venice Blvd, 809 N Alvarado St and 351 Patton St. While the average home in Van Nuys, CA is selling in 59 days, 6948 N Woodman Ave has a days on market of 20 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 6948 N Woodman Ave Van Nuys, CA 91405 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 6948 N Woodman Ave

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
--
Lot Size
--
Stories
--
Type
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Pool
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Spa
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APN
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The source for these homes facts are from public records.

91405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$523
Median Sold Price
$820,000
Median Sold Price/Sq.Ft.
$491
Total Inventory
33
Median Sale to List Price %
102.63%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (8.33%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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