14809 Erwin St, Van Nuys, CA 91411

Sold in conjunction with 14811 and 14817 Erwin. Total purchase price for all 3 lots was $2,820,000. We are pleased to present for sale a single family home as part of a TRIPLE LOT development opportunity located in the heart of Van Nuys & in an Opportunity Zone! Zoned (Q)R3-1, the offering consists of 2 single family homes + one triplex (2 units may be delivered vacant), situated on 3 lots totaling 18,764 sqft of land. Sale to also include 14811 Erwin (APN 2241-009-022) + 14817 Erwin (APN 2241-009-021); purchase price for all 3 lots is $3,000,000. Must be sold concurrently. The home lies just 3 BLOCKS from the Orange Line Busway + 1 mile from the 405 freeway, and is close to all the shopping, restaurants, grocery + transportation Van Nuys has to offer its tenants! Lots of new construction around. Based on owner's consultations with the city a developer may be able to build up to 35 units utilizing the TOC bonus.