6059 Woodman Avenue
Van Nuys, CA, 91401 $ 1,195,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 8,254
Listed by George Ouzounian, The Agency, GeorgeAndGina@TheAgencyRE.com
for $1,195,000. The lot size is 0.1357.
RTI APPROVED PLANS | SHOVEL-READY DEVELOPMENT OPPORTUNITY | 4 TOWNHOME-STYLE UNITS + ADU | APPROX. 7,470 SF OF PROPOSED ZONING FLOOR AREA | 8 PARKING SPACES Exceptional opportunity for builders, developers, and investors to acquire a shovel-ready multifamily development site in the heart of Valley Glen, with fully approved, Ready-to-Issue (RTI) architectural and structural plans. Skip the lengthy design and entitlement process and move directly toward construction. Situated on a prime corner lot at Woodman Avenue and Bessemer Street, this approximately 5,912-square-foot, flat RD1.5-zoned parcel comes with plans for two three-story buildings featuring four townhome-style residences plus a ground-floor ADU, totaling approximately 7,470 square feet of proposed zoning floor area. The thoughtfully designed project includes eight parking spaces with convenient rear-alley access, maximizing functionality and street appeal. Ideally positioned for a developer seeking a build-and-sell opportunity or an investor looking to establish a long-term rental portfolio, the property benefits from strong connectivity and proximity to major employment, education, and transportation hubs. Just a short distance to the Woodman/Valley Glen Metro G Line station, with convenient connections to North Hollywood and the Metro B Line. Minutes from Los Angeles Valley College, the Van Nuys Civic Center, neighborhood parks, shopping, dining, and the 101, 405, and 170 freeways. With RTI plans in place, a desirable unit configuration, and an accessible central Valley location, this is a rare opportunity to bring a five-unit residential development to market without starting the approval process from scratch. Full architectural and structural plans available upon request. Buyer to independently verify all plans, approvals, permit status, square footage, zoning, and development details with the City of Los Angeles.
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FeaturesGeneralSewer Public Sewer
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Zoning RD1.5
HOA Fee 0
View None
Community Features Biking Hiking Street Lights Sidewalks Park
County Los Angeles
New Construction false
Property Type Land
HOA false
Possible Use Residential
Special Listing Conditions Standard
Status Active
Directions Woodman Ave at Oxnard St
City Van Nuys
Senior Community Y/N false
MLS Area VN - Van Nuys
Lot Size Units Square Feet
Lot Size Square Feet 5912
Listing Terms Cash Conventional
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 1
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ExteriorLot Features 0-1 Unit/Acre Corner Lot Near Park Walkstreet Yard
Water Source Public
Lot Size Area 5912
Lot Size Acres 0.1357
Lot Size Source Assessor
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* Excluded FeaturesList ByGeorge OuzounianListing Agent
GeorgeAndGina@TheAgencyRE.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $8,254
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Van Nuys, CA
Average List Price $2,842,273
Percent of Sale Price 138%
About Van Nuys, CA 172,355 Population
0% Since 2002
$ 0 Median Income
0 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/29/2026 | $1,195,000 | | Listed Price |