Refine Search
Map
Sort by
Archwood Street, Van Nuys
$4,300,000
SR26216672 MLS ⋅ Active Status
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.

Archwood Street, Van Nuys
15155 Sherman Way Unit 49, Van Nuys
$425,000
3 Beds ⋅ 2 Baths ⋅ SW26196053 MLS ⋅ Active Status
Great top floor end unit with no neighbor above you or to the right side of you in the heart of the valley! This light and bright 3bed/2bath condo has southern exposure light all day long and is central to everything! The living room greets you with vaulted ceilings and a cozy fireplace, right next to a large sliding door that leads to a long balcony with views of the hills. Recent improvements include removing all of the popcorn ceiling and texturing the ceiling along with modern lighting fixtures. The master bedroom also has a vaulted ceiling, dual closets along with linen cabinets and an en-suite bathroom with dual sinks. The home has laminate wood floors in bedrooms and common area giving the home an upscale feel. Convenient features include an in-unit stacked washer & dryer, central heat and A/C, and two covered parking spaces. This low maintenance residence is set within a wonderful community where residents enjoy access to the sparkling pool and hot tub, a spacious sun deck for lounging and outdoor gas grills. Location is everything! You are minutes from the lush greenery of Lake Balboa Park, the vibrant dining and shopping hubs along Sepulveda and Van Nuys Boulevards, Van Nuys Airport and the 405 freeway for an effortless commute. Come and take a tour of this Valley gem today!

15155 Sherman Way Unit 49, Van Nuys

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.

How much is your home worth?

Get instant property value now!